MasTec reported second quarter 2026 results with record revenue of $4.4 billion, a 23% year-over-year increase, and diluted EPS of $1.65. The company closed its acquisition of The Superior Group, adding approximately 3,000 employees focused on data center infrastructure. MasTec updated its full-year guidance, raising adjusted diluted EPS to $9.30 and GAAP diluted EPS to $6.20. Additionally, the Board appointed Alexander Benjamin Spiro as a Class III director, increasing board size from nine to ten members. MasTec is a leading North American infrastructure engineering and construction company focused on communications, energy, utility, and other infrastructure markets.

On July 20, 2026, MasTec, Inc. borrowed $700 million under a new senior unsecured delayed draw term loan agreement and $600 million under its existing Credit Facility. A total of approximately $1.28 billion of these funds were used to finance the cash consideration for the acquisition of Electrical Specialists, Inc. (d/b/a the Superior Group) and related fees, with the remaining balance used for working capital. MasTec is an infrastructure construction company that provides engineering, procurement, and construction services.

MasTec, Inc. entered into a $700 million senior unsecured delayed draw term loan agreement, consisting of a three-year tranche and a four-year tranche, to finance its acquisition of Electrical Specialists, Inc. (the Superior Group). The company also increased its US dollar revolving borrowing commitments by $350 million to a total of $2,250 million. As part of the acquisition, MasTec will issue approximately 1,195,721 shares of common stock, valued at roughly $475 million, to the seller's equity security holders. MasTec, Inc. is a construction and infrastructure services company providing services to the energy and communications sectors.