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Stellex Buys Industrial Construction Services from Stone Arch

  • Stellex Capital Management has acquired Industrial Construction Services (ICS) from Stone Arch Capital.
  • ICS provides electrical and instrumentation contracting and maintenance services to companies in healthcare, energy, and industrial sectors.
  • Stellex plans to expand ICS's service capabilities and geographic footprint through add-on acquisitions.
  • The acquisition reflects the growing trend of private equity investment in the electrical services sector.

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