Barnes Group Inc.’s stock rose 2.7% early Monday, after the provider of engineered products and industrial technologies said it has reached an agreement to be acquired by funds of private-equity firm Apollo Global Management for $3.

Barnes Group has agreed to be acquired and taken private by Apollo Global Management in an all-cash deal that values the company at $3.6 billion.The industrial- and aerospace-components manufacturer Monday said Apollo would pay $47.

Apollo Global Management Inc. agreed to buy Barnes Group Inc. in an all-cash transaction that values the technology and aerospace manufacturer at about $3.6 billion.