Apollo-Backed State Group Acquires Indiana MEP Contractor MelKay
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Nashville – September 11, 2026 -- The State Group Industrial (USA) Limited, a portfolio company of funds managed by Apollo, has acquired Mel-Kay Electric Co. (MelKay), an Evansville, Indiana-based MEP contractor with over 400 union tradesmen.
Acquisition expands State Group's footprint across three states
MelKay operates across southern Indiana, western Kentucky and southern Illinois, providing electrical, mechanical and plumbing construction and maintenance, along with HVAC, fire, security, communication and safety systems. The company holds preferred vendor status with blue-chip clients including Berry Global, Deaconess Health, Sabic and Toyota.