M&A Deal Summary

MasTec Acquires Wanzek Construction

On December 16, 2008, MasTec acquired construction company Wanzek Construction for 200M USD

Acquisition Highlights
  • This is MasTec’s 16th transaction in the Construction sector.
  • This is MasTec’s 4th largest (disclosed) transaction.
  • This is MasTec’s 15th transaction in the United States.
  • This is MasTec’s 1st transaction in North Dakota.

M&A Deal Summary
Date 2008-12-16
Target Wanzek Construction
Sector Construction
Buyer(s) MasTec
Deal Type Add-on Acquisition
Deal Value 200M USD

Target

Wanzek Construction

Fargo, North Dakota, United States
Wanzek Construction, Inc. is a construction company focusing on wind farm and infrastructure construction.

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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 18 of 30
Sector (Construction) 16 of 23
Type (Add-on Acquisition) 13 of 24
State (North Dakota) 1 of 1
Country (United States) 15 of 24
Year (2008) 4 of 4
Size (of disclosed) 4 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-31 Nsoro

Chantilly, Virginia, United States

Nsoro LLC is a specializes in wireless network design, construction, upgrade and maintenance.

Buy $18M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-23 Precision Pipeline

Eau Claire, Wisconsin, United States

Precision Pipeline LLC is a pipeline contractor.

Buy $132M
Mergr

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