MasTec acquired Cam Communications, Inc. (Cam Com) for approximately $4.4 million cash plus assumed capital leases and a five-year earn-out, per the FY2011 10-K, a transaction completed in April 2011, structured as cash plus earn-out.
Cam Communications, Inc. (Cam Com) operates in Communications, is based in Maryland, United States. Maryland-based provider of telephone, cabling, engineering, construction, equipment integration, testing, wiring and computer-network services to telecommunications carriers. MasTec purchased 100% of the stock effective April 1, 2011.
Added self-perform wireline/telecom carrier-services capacity within the Communications segment.
Communications segment
Advisory firms were not disclosed for this transaction.