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NEW YORK, May 6, 2021 /PRNewswire/ One Equity Partners ( OEP ), a middle market private equity firm, today announced the sale of INTREN, LLC ( INTREN or the Company ), a nationwide specialty utilities contractor primarily providing distribution network services for electrical and gas infrastructure, to MasTec, Inc. (NYSE: MTZ), an infrastructure construction company for $420 million, including a contingent earnout through year end 2021.
Headquartered in Union, Ill., and founded in 1988, INTREN s approximately 2,000 skilled professionals in 14 states across the U.S. provide turnkey contracting services to the nation s largest electrical and gas utilities, private contractors, municipalities, commercial businesses and cooperatives.
April 19, 2021 By Keith Norrington
With the demise by fire of the Goldenrod Showboat in late 2017, an unsolved question remains concerning the big pilotwheel that was long displayed in the lobby area of the famous floating theater. When removed from the derelict showboat, along with numerous other artifacts destined for a proposed river museum, it was noted that the wheel is of the double-circle variety and is not the pilotwheel of the steamer Wenonah, which long served as the towboat for the Goldenrod and Hollywood Showboats, both operated by the Menke family. (The Old Boat Column showcased Capt. Bill Menke in the