The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
On July 3, MasTec reported a project backlog of $20.3 billion, strengthening visibility for future revenue growth. On July 7, MasTec announced a definitive agreement to acquire Electrical Specialists, Inc., d/b/a The Superior Group, which focuses on critical infrastructure and data centers, headquartered in Columbus, Ohio. On July 8, MasTec announced a $1.65 billion deal to acquire Superior Group to expand its data center electrical capabilities, with the acquisition expected to boost revenues, EBITDA, and EPS starting from 2026 onward.