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The State Group acquires MelKay for growth

PRIVATESep 08, 2026about 2 hours ago

Acquiring Company

The State Group Industrial (USA) Limited

Acquired Company

Mel-Kay Electric

New YorkEvansvilleConstructionBuilding Maintenance

Description

The State Group Industrial (USA) Limited has acquired Mel-Kay Electric Co., a leading MEP contractor based in Evansville, Indiana. This acquisition aims to enhance service offerings and expand operations in the surrounding regions. Both companies express excitement about the future collaboration and growth opportunities. The merger aligns with The State Group's commitment to quality and customer satisfaction.

Company Information

Company

The State Group Industrial (USA) Limited

Location

New York, New York, United States

About

The State Group is a leading North American multi-trade industrial and specialty services contractor. Established in 1961, the company provides comprehensive electrical and mechanical trade services to Fortune 100 companies in various industries. The State Group performs over eight million man-hours annually of retrofit, maintenance, construction and emergency services.

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Predictive Intelligence
Strategic

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Mel-Kay Electric?

Mel-Kay Electric was acquired by The State Group Industrial (USA) Limited, based in New York. The deal was reported on September 8, 2026. The State Group is a leading North American multi-trade industrial and specialty services contractor. The State Group Industrial (USA) Limited is privately held.

When did The State Group Industrial (USA) Limited acquire Mel-Kay Electric?

The State Group Industrial (USA) Limited's acquisition of Mel-Kay Electric was reported on September 8, 2026. The State Group Industrial (USA) Limited has acquired Mel-Kay Electric Co., a leading MEP contractor based in Evansville, Indiana. This acquisition aims to enhance service offerings and expand operations in the surrounding regions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Mel-Kay Electric do?

MelKay is a leading Mechanical, Electrical and Plumbing (MEP) contractor serving industrial and commercial customers throughout Southern Indiana, Southern Illinois, and Western Kentucky. It is privately held, operating in Construction, and is based in Evansville.

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