M&A Deal Summary

MasTec Acquires Pacer Construction Holdings

On June 30, 2014, MasTec acquired construction company Pacer Construction Holdings for 126M USD

Acquisition Highlights
  • This is MasTec’s 20th transaction in the Construction sector.
  • This is MasTec’s 8th largest (disclosed) transaction.
  • This is MasTec’s 4th transaction in Canada.
  • This is MasTec’s 2nd transaction in Alberta.

M&A Deal Summary
Date 2014-06-30
Target Pacer Construction Holdings
Sector Construction
Buyer(s) MasTec
Deal Type Add-on Acquisition
Deal Value 126M USD

Target

Pacer Construction Holdings

Calgary, Alberta, Canada
Pacer is a contractor in Western Canada, focusing on infrastructure construction supporting the oil and gas production/processing, mining and transportation industries. Pacer is headquartered in Calgary, Alberta, Canada and also has a strong presence in, among other locations, Fort McMurray, Fort McKay and Edmonton, Alberta and Regina, Saskatchewan.

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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 25 of 30
Sector (Construction) 20 of 23
Type (Add-on Acquisition) 20 of 24
State (Alberta) 2 of 2
Country (Canada) 4 of 4
Year (2014) 2 of 3
Size (of disclosed) 8 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-06 Speed Wire

Mineola, New York, United States

Speed Wire provides a broad range of technology deployment services to leading companies operating in the IT, Telecom, Security, Wireless, and Automation industries. The Company completes thousands of installations each month and operates from a total of more than 20 locations across the U.S. Speed Wire’s services center around turnkey installations of virtually all wired and wireless systems used in residential and commercial applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-20 WesTower Communications

Orlando, Florida, United States

WesTower Communications, Inc. is a telecommunications services firm, focusing on construction and maintenance of communications infrastructure related to wireless networks throughout the United States.

Buy $199M
Mergr

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