Mechanical Industry News

Newly announced acquisitions in the industries we work in.

The State Group and Mel-Kay Electric Co.
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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.

Limbach Holdings, Inc. and 1901 Inc.
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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.

Optimum Energy Co. and Hussung Mechanical Contractors
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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.

Optimum Energy Co. and Hussung Mechanical Contractors and HMC Service Company
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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.

Modigent and P&E Mechanical
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Jon Burke

July 8, 2026

Modigent Acquires Waco's P&E Mechanical as Its Leadership Stays On

The OMERS Private Equity-backed HVAC, plumbing, and controls company adds a 2013-founded Central Texas contractor serving education, healthcare, and power generation clients.

Sylvan Group and Pettus Plumbing & Piping, Inc.
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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.

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