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-0.000231091743422116 0.000181572084117417 0.00353240236373838 0.00564524116074075 0.00818725033838421 0.0108943250470435 0.0131392162688586 0.0100194777326598
Stock impact report

Boyne Capital Announces the Sale of McKee Utility to MasTec [Yahoo! Finance]

MasTec, Inc. (MTZ) 
Last mastec, inc. earnings: 4/30 05:06 pm Check Earnings Report
US:NYSE Investor Relations: mastec.com/en/investors
Company Research Source: Yahoo! Finance
today the sale of its portfolio company, McKee Utility Contractors, LLC ("McKee" or the "Company") to Mastec, Inc. ("MasTec") at an enterprise value of $276 million. Boyne partnered with management to recapitalize McKee in December of 2022. Headquartered in Prague, Oklahoma, McKee is a third generation, family-operated infrastructure services platform focused on large diameter water and wastewater transmission lines. Since inception in 1978, the Company has developed a unique track record and qualification set, enabling the business to target large, complex municipal utility projects across its operating geographies. With a longstanding culture of execution, McKee has met the challenge of upgrading the water infrastructure in its regions, scaling its people, fleet, and capabilities to support expanding population centers in Texas, Oklahoma, and Arkansas. Since investing in the Company, Boyne has partnered with management to meaningfully expand the business, investing in people and Show less Read more
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