Quanta Services, Inc. Acquires Sherman+Reilly
CHATTANOOGA, TN – Sherman+Reilly is pleased to announce its acquisition by Quanta Services, Inc. (NYSE:PWR).
Quanta Services is an industry leader in providing specialized infrastructure solutions to the utility, renewable energy,
communications, pipeline, and energy industries. Sherman+Reilly will continue to serve all of its customers as it has for
the last 97 years.
After identifying Sherman+Reilly as a leader in the line stringing and block manufacturing segment, Quanta was further
motivated by Sherman+Reilly’s focus on safety and innovation, and the equipment’s ease of use and the training options.
Sherman+Reilly’s culture, people, and products all aligned with Quanta’s desire to add stringing and blocks to their
portfolio.
Under Quanta, Sherman+Reilly will continue to operate as an independent business with the current management team,
led by CEO Dave Ring. Quanta will invest to optimize existing operations, expand future capacity and product lines at
Sherman+Reilly’s facility in Chattanooga, Tennessee. CEO Dave Ring said “We are very excited to be a part of the
Quanta family and to be able to continue the spirit of innovation and expertise Sherman+Reilly has brought to the
marketplace since its inception in 1927. Sherman+Reilly and Quanta share a commitment to safety and a mission to get
every lineman home, every night, no exceptions. We look forward to working with Quanta to improve and grow in the
coming years.”
For more information about Quanta, the leading specialty contractor with the highest and most highly trained skilled
workforce in North America, visit QuantaServices.com.
Sherman+Reilly was established in 1927 and is a leading manufacturer of transmission and distribution equipment for
North America’s Electric Utility Industry. Through generations of dedicated professionals, and being driven by a
commitment to lineman safety, the company continues to design and manufacture stringing equipment that sets the
standard, including a complete range of overhead and underground pullers, tensioners, reel trailers, and reel stands. Its
block line is backed by 80+ years’ block manufacturing experience. For more information about Sherman+Reilly’s line of
transmission and distribution equipment and blocks, call 423-756-5300 or visit Sherman-Reilly.com.
