MasTec, Inc. Acquires Henkels & McCoy Group Inc.

MasTec Acquires INTREN from One Equity Partners for $420M

May 6, 2021

Infrastructure

MasTec, Inc. has acquired INTREN, LLC from One Equity Partners for $420 million, including a contingent earnout through year-end 2021. Headquartered in Union, Illinois, INTREN operates as a specialty utilities contractor with approximately 2,000 employees across 14 states and trailing twelve months revenue of about $550 million; MasTec will retain INTREN's brand and integrate its utility distribution capabilities into its infrastructure services.

The Grote Company Family of Brands Acquires McCabe's Mechanical Services

July 31, 2025

Industrial Services

The Grote Company Family of Brands acquired McCabe's Mechanical Services of Georgetown, Delaware, effective July 31, 2025. The deal expands Grote's mechanical and millwright capabilities and geographic reach into the Northeast U.S., particularly to support meat and poultry customers; McCabe's facility, team, and leader Allen McCabe will remain.

Tecta America Acquires Mahaney Group

August 15, 2022

Construction

Tecta America, the national commercial roofing leader, has acquired Mahaney Group, a Wichita, Kansas-based commercial roofing, sheet metal and structural steel services provider. The Mahaney management team, led by Mark Bolt, will remain in place and the operation will be known as Mahaney, a Tecta America Company.

Brixey & Meyer Capital Acquires Hamlett Engineering Sales Co (HESCO) and Lipp American Tank Systems

December 20, 2023

Environmental Services

Brixey & Meyer Capital (BMC) has acquired Hamlett Engineering Sales Co (HESCO) and Lipp American Tank Systems (LATS), two Novi, Michigan–based service providers and process equipment distributors serving municipal water systems and large waste producers. The businesses were acquired from Kevin Livingston and Glenn Hummel, who will continue to lead and remain as owners; BMC says the investment will expand capabilities and accelerate growth.

The Manitowoc Company Acquires H&E Equipment Services' Crane Business

October 1, 2021

Industrial Services

The Manitowoc Company, Inc. has completed the acquisition of the crane business of H&E Equipment Services, Inc. for approximately $130 million. The acquired business will operate under Manitowoc’s wholly-owned subsidiary MGX Equipment Services, LLC and adds fourteen full‑service branch locations plus field service technicians to expand Manitowoc’s aftermarket capabilities and regional footprint.

MasTec Acquires Infrastructure and Energy Alternatives (IEA)

July 25, 2022

Energy

MasTec has agreed to acquire Infrastructure and Energy Alternatives, Inc. (IEA) in a cash-and-stock transaction valued at approximately $1.1 billion, with IEA shareholders receiving $14.00 per share. The deal expands MasTec's clean energy and infrastructure capabilities—adding nearly 6,000 IEA employees, union-based clean energy power generation services, and broadened renewable project and heavy-civil expertise—and is expected to close in late Q4 2022 subject to customary approvals.