MasTec Acquires The Superior Group (Electrical Specialists, Inc.)
July 9, 2026
MasTec entered into a definitive agreement to acquire Electrical Specialists, Inc., doing business as The Superior Group, in a transaction valued at approximately $1.65 billion (about $475 million in MasTec stock and $1.175 billion in cash), subject to customary adjustments and a potential earnout. MasTec completed the acquisition later in July 2026, and Superior will operate as a new operating group with results reflected in MasTec’s Power Delivery segment.
- Buyers
- MasTec, Inc.
- Targets
- Electrical Specialists, Inc., d/b/a The Superior Group
- Industry
- IT Services
- Location
- Ohio, United States
- Transaction Type
- Buyout
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