MasTec acquired Nsoro, LLC for $17.5 million cash plus ~$12 million of assumed indebtedness and an eight-year earn-out (asset purchase), a transaction completed in July 2008, structured as cash plus earn-out. The deal was a Asset purchase.
Nsoro, LLC operates in Communications, is based in Atlanta, Georgia, United States. Atlanta-based wireless infrastructure management and construction firm (wireless network design, construction, upgrade and maintenance). MasTec purchased certain assets of Nsoro on July 31, 2008.
Positioned MasTec to serve its large communications customers' growing wireless capital-spending plans.
Communications segment (wireless)
Advisory firms were not disclosed for this transaction.