M&A Deal Summary

State Group Acquires Delta Services

On October 21, 2019, State Group acquired business services company Delta Services

Acquisition Highlights
  • This is State Group’s 1st transaction in the Business Services sector.
  • This is State Group’s 1st transaction in the United States.
  • This is State Group’s 1st transaction in Kentucky.

M&A Deal Summary

Date 2019-10-21
Target Delta Services
Sector Business Services
Buyer(s) State Group
Deal Type Add-on Acquisition

Target

Delta Services

Louisville, Kentucky, United States
Delta Services LLC is an electrical contractor focusing on electrical construction and maintenance, fire, security, communications, utility, and safety systems. Delta Services is based in Louisville, Kentucky.

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Buyer(S) 1

Buyer

State Group

Franklin, Tennessee, United States

Category Company
Founded 1961
Sector Engineering
DESCRIPTION

State Group is a multi-trade industrial and specialty services contractor that provides comprehensive electrical and mechanical trade services to Fortune 100 companies in the power generation, automotive, oil and gas, communications, metals and transportation industries. The State Group performs over two million man-hours annually of retrofit, maintenance, construction and emergency services and maintains a tooling and equipment inventory to support its skilled workforce. State Group was founded in 1961 and is based in Franklin, Tennessee.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Kentucky M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1