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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.
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One Equity Partners has agreed to buy the North American operations of construction equipment, scaffolding and small too
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One Equity Partners has agreed to sell Italian IT services and software business Lutech to fellow private equity firm Ap
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