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 2, 2026
GreenArrow Acquires Union Traffic Signal Contractor MSL Electric
The CAI Capital Partners platform adds a 2002-founded Anaheim public-works builder to the maintenance operations it already runs in Southern California. 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
March 31, 2026
Primoris Acquires St. Louis Union Contractor PayneCrest Electric
The all-cash deal, announced at $422 million, closed May 1, 2026. PayneCrest has more than 600 employees and traces its roots to 1953.

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