Newly announced acquisitions in the industries we work in.

Jon Burke
September 8, 2026
Apollo-Backed State Group Acquires 75-Year-Old Mel-Kay Electric
The Evansville MEP contractor, in one family for three generations, brings preferred-vendor status with Toyota, Berry Global, Sabic and Deaconess Health. Terms were not disclosed.

Jon Burke
September 1, 2026
Limbach Buys 125-Year-Old Madison Contractor 1901 Inc. for $63 Million
The Nasdaq-listed building systems firm adds a union MEP contractor, now its largest electrical operation, four weeks after buying data center consultant CYMCOR.

Jon Burke
August 12, 2026
Optimum Energy Acquires Fourth-Generation Hussung Mechanical Contractors
Owned by Bernhard Capital Partners since 2023, Optimum Energy adds a Louisville, Kentucky, contractor founded in 1966 that will keep operating as HMC. Terms were not disclosed.

Jon Burke
August 12, 2026
Optimum Energy Acquires Hussung Mechanical Contractors and HMC Service Company
The Bernhard Capital Partners-owned infrastructure services company adds a Louisville mechanical contractor and service business, which will keep operating as HMC. Terms were not disclosed.

Jon Burke
July 7, 2026
Pettus Plumbing & Piping Joins Sylvan Group Platform, Owners Staying On
Co-owners Tony Robertson and Grover Johnson become equity owners in Sylvan and join its executive team; E-3 Tech has held a majority of Sylvan since March 2025. Terms were not disclosed.

Jon Burke
June 15, 2026
Horwitz Receives Strategic Investment from Truelink Capital as Svoboda Exits
The 1918-founded Minneapolis contractor has about 720 employees, and CEO Matt Dekkers and management keep a significant ownership stake. Terms were not disclosed.
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