What Companies Does Mastec Own?

Are you curious about what companies Mastec owns?

This telecommunications leader is a major force in the industry, providing installation services and engineering expertise to a range of communications networks.

By looking at which companies Mastec has acquired over the years, it’s easy to appreciate their impressive reach throughout North America.

In this blog post, we’ll take a closer look at which entities are now part of the sprawling MasTec network.

From residential projects to large-scale commercial builds, discover how this company is driving innovation within the sector!

Who Owns Mastec?

MasTec is a publicly traded company with shares listed on the New York Stock Exchange (NYSE).

The Espinosa family, led by Jorge Mas, has been in control of the company since its foundation in 1929.

Under their leadership, Mastec has become a major player in infrastructure development and communications network engineering.

What Companies Does Mastec Own?

Mastec is a leading infrastructure construction company that focuses on delivering a wide range of services across various industries.

The company has its roots in the Telecommunications industry, but it has since expanded to other sectors, including energy, oil and gas, and water, among others.

While Mastec is not known for owning other companies outright, it has acquired several firms in the past to enhance its service offering.

Some of these companies include Pacer Construction, Wanzek, and Big Country Energy Services, among others.

These acquisitions have allowed Mastec to leverage the strengths of each brand to provide comprehensive solutions to clients’ most complex challenges.

The list of companies owned by Mastec is below:

1. Pacer Construction

Pacer Construction is a full-service construction and engineering firm specializing in developing and installing energy infrastructure.

This includes oil and gas pipelines, electric transmission lines, and renewable energy projects.

In 2017, Mastec acquired Pacer from its parent company Chasco Constructors for an undisclosed sum.

The move was seen as a strategic effort to expand Mastec’s presence in the energy industry.

Through Pacer, Mastec has been able to offer a full suite of services from project initiation, design, and construction, all the way to operation and maintenance.

2. Wanzek

Wanzek is one of the largest infrastructure contractors in North America.

The company provides comprehensive services for heavy civil, industrial, and energy projects. Mastec acquired Wanzek in 2018 for an undisclosed sum.

The move was seen as a way to expand Mastec’s presence in the heavy civil construction industry.

Through Wanzek, Mastec has been able to leverage its expertise and offer a wide range of services from excavation, grading, and road construction to bridge building, utility installation, and concrete structures.

3. Big Country Energy Services

Big Country Energy Services is a leader in the oilfield engineering and construction industry.

The firm specializes in wellsite construction, pipeline construction, and facility construction for upstream oil and gas projects.

Mastec acquired Big Country Energy Services in 2020 for an undisclosed sum.

The move was seen as a way to expand Mastec’s portfolio of integrated energy services to include upstream oil and gas construction projects.

Through this acquisition, Mastec has been able to provide its clients with comprehensive engineering, procurement, and construction services for all types of upstream oil and gas projects.

4. Sunera Technologies

Sunera Technologies is an IT services company that specializes in cloud computing, data management, and security solutions.

Mastec acquired Sunera in 2019 for an undisclosed sum.

The move was seen as a way to expand Mastec’s digital services offering and build upon its existing infrastructure technology portfolio.

With the acquisition of Sunera, Mastec is able to provide its clients with comprehensive IT services such as cloud migration, data management, and security solutions.

5. Cross Country Infrastructure Services

Cross Country Infrastructure Services is a provider of construction equipment rental and sales for the energy industry.

Through this acquisition, Mastec has been able to strengthen its market position in the oil and gas equipment rental business.

In addition, Mastec has expanded its portfolio of integrated energy services to include construction equipment rental and sales.

By acquiring Cross Country Infrastructure Services, Mastec is now better positioned to meet the needs of its clients in the energy industry.

6. MXenergy

MXenergy is an energy supply company that provides natural gas and electricity to residential and commercial customers.

Mastec acquired MXenergy in 2018 for an undisclosed sum.

This acquisition has allowed Mastec to provide its clients with more competitively priced energy solutions.

The acquisition of MXenergy has also allowed Mastec to increase its market share in the retail natural gas and electricity industry.

7. MasTec Advanced Technologies

MasTec Advanced Technologies is a leader in delivering enterprise-wide managed IT services.

Through this acquisition, Mastec has been able to enhance its web-based solutions and enable customers to create custom deployments that integrate with their existing infrastructure.

MasTec Advanced Technologies provides customers with comprehensive IT services such as cloud migration, data management, and security solutions.

Additionally, the company is able to provide support for advanced technologies such as IoT and artificial intelligence.

8. MasTec Network Solutions

MasTec Network Solutions is a leader in the telecommunications industry providing end-to-end engineering, construction, and maintenance services for wireless, fiber, and copper networks.

Through this acquisition, Mastec has expanded its portfolio of integrated energy services to include telecommunications solutions.

MasTec Network Solutions offers customers a comprehensive suite of telecom solutions including network design, engineering consulting services, tower construction, and maintenance services.

Additionally, the company is able to provide support for advanced technologies such as DAS (Distributed Antenna Systems) and Small Cells.

With this acquisition, Mastec has been able to provide customers with comprehensive and secure telecom solutions for their needs.

9. MasTec Energy Services

MasTec Energy Services is a leader in the energy industry providing engineering, construction, and maintenance services for electric transmission and distribution systems.

Through this acquisition, Mastec has expanded its portfolio of integrated telecommunications services to include energy solutions.

MasTec Energy Services offers customers a comprehensive suite of energy solutions including power line construction and maintenance services, substation engineering and design services, as well as renewable energy project management services.

Additionally, the company is able to provide support for advanced energy technologies such as solar and wind farms.

With this acquisition, Mastec has been able to provide customers with comprehensive and secure energy solutions for their needs.

When Was Mastec Founded?

Mastec was founded in 1998 by current CEO Jose Mas.

The company went public on the New York Stock Exchange in 2013 and now has a market cap of more than $5 billion.

Mastec is headquartered in Coral Gables, Florida, and employs over 33,000 people across North America.

Under Mas’ leadership, Mastec has grown to become one of the largest infrastructure companies in North America and is well-positioned to take advantage of future growth opportunities.

Who is the CEO of Mastec?

The current CEO of Mastec is Jose R. Mas, who was appointed to the position in 2012.

Under his leadership, Mastec has enjoyed tremendous success and growth.

He has made sure that the company remains innovative and up-to-date with the latest trends in the industry.

He also focuses on creating long-term relationships with customers by providing quality services at competitive prices.

In addition, he believes in investing in employees and providing them with the tools they need to succeed both personally and professionally.

With his leadership, Mastec remains a respected leader in its industry today.

What is Mastec’s Net Worth?

Mastec is estimated to be worth around $5.28 billion as of October 2023.

This impressive figure reflects the company’s success over the years and its commitment to providing top-notch services for its clients.

With such a sound financial standing, Mastec can continue to build upon its market presence and stay competitive in the industry.

The company’s long-term success is further attributed to its strong leadership and dedicated workforce, both of which help ensure that Mastec remains a leader in the engineering and construction services landscape.

Where is the Headquarters of Mastec?

Mastec, one of the largest infrastructure construction companies, has its headquarters located in Coral Gables, Florida.

The company specializes in providing essential services related to energy, telecommunications, and government projects throughout North America.

Mastec has become a go-to subcontractor for leading corporations such as AT&T, Verizon, and Comcast.

The company is deeply committed to maintaining a high level of quality in its work while prioritizing safety to ensure a positive experience for its clients.

Mastec’s headquarters in Coral Gables serves as a central hub for its various divisions, allowing them to operate efficiently and cooperate seamlessly.

What is the Annual Revenue of Mastec?

Mastec’s annual revenue for the last 12 months ending June 2023 was $10.99 billion.

This revenue is a result of the company’s dedication to providing quality services to its various clients, and its commitment to innovation, sustainability, and safety.

Mastec’s financial performance is a testament to its continued growth and success in an ever-changing industry.

How Many Employees Does Mastec Have?

Mastec presently employs over 33,000 professionals who are responsible for executing complex projects across various industries.

The company operates 550 locations throughout the United States and Canada, and each employee plays a vital role in upholding Mastec’s reputation for delivering innovative solutions to its clients.

From telecommunications to renewable energy and oil and gas, Mastec has built a highly skilled team of experts capable of tackling any challenge.

Final Thoughts

In conclusion, Mastec is an industry-leading provider of specialized services and solutions for the energy, cable and communications, commercial, and industrial services sectors.

Owned by a conglomerate of companies across the globe, it was founded in 1980, with current CEO Matthew Jozwiak at the head.

Whether it’s providing full-service network infrastructure services or providing engineering optimization solutions for projects of all sizes, Mastec has the capabilities to succeed—and continue to make a positive impact on our communities.

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