Apollo acquires electrical, mechanical and automation services provider The State Group

Blue Wolf will retain a minority stake in the business, alongside existing management shareholders.

  • TSG was established in 1961
  • Apollo had approximately $733 billion of assets under management, as of September 30, 2024

Apollo has acquired a majority stake in The State Group, a Franklin, Tennessee-based provider of electrical, mechanical, robotics and automation services, from Blue Wolf Capital. No financial terms were disclosed.

Share this