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02/12/2026 /M & A

The State Group Expands Portfolio with Acquisition of Ruder Electric in Illinois

The State Group Industrial (USA) Limited, managed by Apollo funds, has acquired Ruder Electric, an established electrical contractor in Kankakee, Illinois. The acquisition presents a significant growth opportunity for Ruder Electric and aligns with The State Group's values of prioritizing quality of service, teamwork, and customer satisfaction.

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