MasTec acquired Electrical Specialists, Inc., d/b/a the Superior Group for approximately $475 million in MasTec stock as partial consideration (~1,195,721 shares, per the July 2026 8-K); total purchase price also includes cash and is not fully disclosed, a transaction announced in July 2026, structured as cash-and-stock.
Electrical Specialists, Inc., d/b/a the Superior Group operates in Power Delivery, is based in United States. Full-service electrical contractor focused on critical infrastructure, and a recognized leader in building data-center electrical systems, also serving healthcare, entertainment and industrial end markets. MasTec agreed on July 7, 2026 to buy the company from seller Stewshi Co., Inc. under a share purchase agreement, issuing about 1,195,721 shares (roughly $475M) as partial consideration; Superior Group becomes a wholly owned subsidiary.
Extends MasTec's electrical and Power Delivery capabilities into fast-growing data-center infrastructure demand.
To become a wholly owned MasTec subsidiary
Advisory firms were not disclosed for this transaction.