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MasTec Completes Previously Announced Acquisition of The Superior Group

CORAL GABLES, Fla.--(BUSINESS WIRE)--MasTec, Inc. (NYSE: MTZ) today announced that it has closed its previously announced acquisition of Electrical Specialists, Inc., d/b/a The Superior Group (“Superior”), a premier full-service electrical contractor focused on critical infrastructure, in a cash and stock transaction valued at approximately $1.65 billion, subject to customary purchase price adjustments and a potential cash earnout payment based …

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tedmag.com

MasTec to Acquire The Superior Group – tEDmag

The acquisition of the large electrical contractor furthers MasTec’s strategy to advance the production of data center, power, and other mission-critical infrastructure.

6 days ago

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