M&A Deal Summary

MasTec Acquires C & S Directional Boring

On January 8, 1998, MasTec acquired construction company C & S Directional Boring

Acquisition Highlights
  • This is MasTec’s 8th transaction in the Construction sector.
  • This is MasTec’s 7th transaction in the United States.
  • This is MasTec’s 1st transaction in Oklahoma.

M&A Deal Summary
Date 1998-01-08
Target C & S Directional Boring
Sector Construction
Buyer(s) MasTec
Deal Type Add-on Acquisition

Target

C & S Directional Boring

Purcell, Oklahoma, United States
C & S Directional Boring, Inc. is an engineering and construction company.

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Buyer(S) 1

Buyer

MasTec

Coral Gables, Florida, United States
Category Company
Founded 1929
Sector Construction
Employees32,000
Revenue 12.0B USD (2023)
DESCRIPTION
MasTec's corporate headquarters in Coral Gables, Florida.
MasTec's corporate headquarters in Coral Gables, Florida.

MasTec is an infrastructure construction company operating mainly throughout North America. MasTec's primary activities include the engineering, building, installation, maintenance and upgrade of communications, energy and utility infrastructure, such as: wireless, wireline/fiber and satellite communications; petroleum and natural gas pipeline infrastructure; electrical utility transmission and distribution; power generation; and industrial infrastructure. MasTec was formed in 1929 and is based in Coral Gables, Florida.

DEAL STATS #
Overall 10 of 30
Sector (Construction) 8 of 23
Type (Add-on Acquisition) 8 of 24
State (Oklahoma) 1 of 1
Country (United States) 7 of 24
Year (1998) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-01-08 M.E. Hunter

Atlanta, Georgia, United States

M.E. Hunter, Inc. is a construction company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-01 GlobeTec Construction

Deerfield Beach, Florida, United States

GlobeTec Construction LLC is a water and wastewater treatment, transmission and distribution company providing turnkey solutions from initial design and consultation to project completion – whether the job requires construction management, design build services, mechanical, site-work, pipeline or roadway expertise.

Buy -
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