Investment Summary |
|
|---|---|
| Date | 2008-03-01 |
| Target | GlobeTec Construction |
| Sector | Construction |
| Investor(s) | MasTec |
| Deal Type | Stake Purchase |
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| Category | Company |
|---|---|
| Founded | 1929 |
| Sector | Construction |
| Employees | 32,000 |
| Revenue | 12.3B USD (2024) |
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 | 15 of 30 |
| Sector: Construction M&A | 13 of 23 |
| Type: Stake Purchase M&A Deals | 4 of 4 |
| State: Florida M&A | 3 of 4 |
| Country: United States M&A | 12 of 24 |
| Year: 2008 M&A | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-12-31 |
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 | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-05-30 |
Pumpco
Giddings, Texas, United States Pumpco, Inc. is a specializing in midstream oil and gas pipeline construction. |
Buy | $44M |