Operating Company Industrial Services

The State Group

Franklin, Tennessee, United States

The State Group is one of North America’s leading multi-trade industrial and specialty services contractors, providing electrical, mechanical and civil services as a single-source contractor for complex construction, retrofit, maintenance and emergency services.

Focus Areas
Electrical contracting, Mechanical contracting, Civil construction
Website
stategroup.com

Tracked deals

3

3 tracked deals across 2019-2026.

Recent pace

2

2 tracked deals announced in the last 12 months.

Deal mix

Addon

3 addon

The State Group Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for The State Group. 1 2019 1 2025 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • The State Group Acquires Mel-Kay Electric Co. (MelKay)
    September 8, 2026
    Buyer
    The State Group
    Target
    Mel-Kay Electric Co. (MelKay)
    Industry
    Electrical Services
    Location
    Indiana, United States
    Type
    Addon

    The State Group acquired Mel-Kay Electric Co. (MelKay), an Evansville-based MEP contractor with more than 400 union tradespeople serving industrial and commercial customers across southern Indiana, western Kentucky and southern Illinois. The acquisition adds regional labor capacity and electrical, mechanical, plumbing and related services to Apollo-backed The State Group’s North American contracting platform; terms were not disclosed.

  • The State Group Acquires J&J Electric of Indiana
    December 22, 2025
    Buyer
    The State Group, Apollo Global Management
    Target
    J&J Electric of Indiana, Inc.
    Industry
    Construction
    Location
    Indiana, United States
    Type
    Addon

    The State Group, a portfolio company of funds managed by Apollo, has acquired Kokomo-based electrical contractor J&J Electric of Indiana, expanding its footprint in Central and Northern Indiana. J&J Electric brings over 200 union electricians and capabilities in electrical construction, maintenance, fire, security, communications, utility and safety systems to The State Group's multi-trade platform.

  • The State Group Acquires Delta Services
    October 21, 2019
    Buyer
    The State Group (State Group Industrial (USA) Limited)
    Target
    Delta Services LLC
    Industry
    Construction
    Location
    Kentucky, United States
    Type
    Addon

    The State Group (State Group Industrial (USA) Limited) has acquired Delta Services LLC, a Louisville-based electrical contractor that serves industrial and commercial customers across Kentucky and Southern Indiana. The deal expands The State Group’s footprint and service capabilities in the region, adding Delta’s electrical construction, maintenance, fire/security and communications services to its multi-trade platform.

Related Acquisition Pages

Construction Buyers & Acquisitions 2 tracked deals by The State Group. Electrical Services Buyers & Acquisitions 1 tracked deal by The State Group. Acquisitions in Indiana 2 tracked deals by The State Group. Acquisitions in Kentucky 1 tracked deal by The State Group.

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