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.
