M&A Deal Summary

MasTec Acquires Halsted Communications

On June 16, 2011, MasTec acquired construction company Halsted Communications for 15M USD

Acquisition Highlights
  • This is MasTec’s 19th transaction in the Construction sector.
  • This is MasTec’s 13th largest (disclosed) transaction.
  • This is MasTec’s 18th transaction in the United States.
  • This is MasTec’s 2nd transaction in New York.

M&A Deal Summary
Date 2011-06-16
Target Halsted Communications
Sector Construction
Buyer(s) MasTec
Deal Type Add-on Acquisition
Deal Value 15M USD

Target

Halsted Communications

Ballston Spa, New York, United States
Halsted Communications, Ltd. is an install-to-the-home contractor operating primarily in portions of New York, Pennsylvania, and New England. Halsted's primary customer is DIRECTV.

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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 22 of 30
Sector (Construction) 19 of 23
Type (Add-on Acquisition) 17 of 24
State (New York) 2 of 3
Country (United States) 18 of 24
Year (2011) 3 of 3
Size (of disclosed) 13 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-16 Halsted Communications

Ballston Spa, New York, United States

Halsted Communications Ltd. is a provider of installation and service of satellite televisions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-30 Big Country Energy Services

Calgary, Alberta, Canada

Big Country Energy Services Inc. is a North American oil and gas pipeline and facility construction services company headquartered in Calgary, Canada.

Buy $127M
Mergr

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