Expands MasTec's Infrastructure Capacity Platform for Data Centers and Mission-Critical Facilities
Adds One of the Largest Scaled Self-Perform Electrical Workforces in the United States
Adds a Proven Leadership Team with Strong Cultural Alignment and Track Record of Scaling a High-Growth Business
Enhances MasTec's Position with Leading Hyperscalers, Data Center Developers, General Contractors and Technology Customers
Expected to Be Immediately Accretive to Revenue, Adjusted EBITDA, Earnings Per Share and Cash Flow from Operations
MasTec to Host Conference call at 9:00 AM ET Wednesday, July 8, 2026 to Discuss the Acquisition of The Superior Group
CORAL GABLES, Fla., July 07, 2026--(BUSINESS WIRE)--MasTec, Inc. (NYSE: MTZ) today announced that it has entered into a definitive agreement to acquire Electrical Specialists, Inc., d/b/a The Superior Group ("Superior"), a premier full-service electrical contractor focused on critical infrastructure (the "Transaction"). With a heritage dating to 1925 and headquartered in Columbus, Ohio, Superior has been led by the Stewart family since the mid-1980s, when Greg Stewart acquired an ownership interest. Under Bryan Stewart's leadership, Superior has grown into one of the nation's largest electrical contractors, with approximately 3,000 employees and a proven track record of delivering complex, large-scale projects across the United States. Superior is a recognized leader in building data center infrastructure and also serves a diverse set of end markets including healthcare, entertainment and industrial. Superior provides end-to-end electrical solutions spanning design, preconstruction, construction, project management, engineering, integrated systems, prefabrication, modular manufacturing and ongoing maintenance, repair and retrofit services for a high-quality customer base.
The acquisition further advances MasTec's strategy of building a scaled infrastructure capacity platform positioned to serve accelerating demand for data center, power and other mission-critical infrastructure. The combination expands MasTec's infrastructure capabilities across a broader range of mission-critical requirements, extending MasTec's expertise from power generation and grid interconnection through electrical systems, connectivity and long-term maintenance services.
For the four years ending December 31, 2025, Superior delivered double-digit compounded growth in both revenue and net income, driven by increasing demand for data center and mission-critical infrastructure, strong customer relationships and consistent execution on large, complex projects.