MasTec to Acquire The Superior Group, Enhancing MasTec's Infrastructure Capabilities Across Data Center and Mission-Critical End Markets
MasTec announced a definitive agreement to acquire The Superior Group for approximately $1.65 billion, comprising $1.175 billion in cash and $475 million in stock. The acquisition adds roughly 3,000 employees and significantly expands MasTec's footprint in the data center and mission-critical infrastructure end markets, a high-growth area.
Key figures
- Guidance
- Superior expected to contribute $800M-$900M revenue and $0.50-$0.65 Adj EPS for remainder of 2026; Full year 2027 expected revenue $2.2B-$2.5B and Adj EBITDA $250M-$275M.
- Deal Value Usd
- 1650000000
- Employee count
- 3000
- Stock consideration
- 475000000
- Target 2026 revenue guidance
- $1.6 billion to $1.7 billion
- Target 2026 adj ebitda guidance
- $225 million to $250 million
AI analysis
Red flags2 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.