{"id":1015805,"date":"2026-10-30T10:23:02","date_gmt":"2026-10-30T14:23:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/willdan-completes-acquisition-of-mantis-innovation\/"},"modified":"2026-10-30T10:23:02","modified_gmt":"2026-10-30T14:23:02","slug":"willdan-completes-acquisition-of-mantis-innovation","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/willdan-completes-acquisition-of-mantis-innovation\/","title":{"rendered":"Willdan Completes Acquisition of Mantis Innovation"},"content":{"rendered":"

<\/p>\n

Willdan Completes Acquisition of Mantis Innovation<\/b><\/p>\n

ANAHEIM, Calif.–(BUSINESS WIRE<\/a>)–
\nWilldan Group, Inc. (NASDAQ: WLDN) announced today that it has completed the previously announced acquisition of Mantis Intermediate Holdings, LLC (\u201cMantis\u201d), doing business as Mantis Innovation, for $285 million in cash, subject to customary holdbacks and adjustments. The transaction closed following expiration of the applicable waiting period under the Hart-Scott-Rodino (\u201cHSR\u201d) Antitrust Improvements Act and satisfaction of customary closing conditions.<\/p>\n

\nHeadquartered in Houston, Texas, Mantis provides building controls, energy efficiency, energy advisory, and facility management solutions to commercial and industrial customers. Its clients span manufacturing, food and beverage, healthcare, data centers, and other energy-intensive industries.<\/p>\n

\n\u201cWe welcome the entire Mantis team to Willdan,\u201d said Mike Bieber, Willdan\u2019s CEO. \u201cElectricity demand is growing across the economy, driven by industrial expansion, electrification, and new digital infrastructure. Our clients need practical ways to manage that load, control costs, and maintain reliability. Together with Mantis, we can help them reduce consumption, procure energy more effectively, and make better use of the grid capacity that already exists.\u201d<\/p>\n

\n\u201cToday marks an exciting new chapter for our team and our clients,\u201d said Darrell Whitley, CEO of Mantis Innovation. \u201cWe have built Mantis around helping customers solve complex energy and facility challenges, and joining Willdan expands the opportunities available to both our people and the clients we serve. We share a commitment to innovation, technical excellence, and customer success, and I\u2019m excited about what we can accomplish together.\u201d<\/p>\n

\nWilldan will provide additional details regarding the transaction and updated financial guidance during its third quarter earnings conference call<\/a> scheduled for November 5, 2026.<\/p>\n

\nJefferies LLC served as exclusive financial advisor to Mantis.<\/p>\n

About Willdan<\/strong><\/p>\n

\nWilldan is a technical services company focused on energy and infrastructure solutions. These solutions include energy planning and analytics, consulting, software, public finance, engineering, and program implementation. Willdan serves utilities, state and local governments, and commercial customers in the United States and Canada. For additional information, visit Willdan\u2019s website at www.willdan.com<\/b><\/a> or follow Willdan on LinkedIn<\/a><\/b> and Facebook<\/b><\/a>.<\/p>\n

Forward-Looking Statements<\/strong><\/p>\n

\nStatements in this press release that are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. It is important to note that Willdan\u2019s actual results could differ materially from those in any such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, the risk factors listed from time to time in Willdan\u2019s reports filed with the Securities and Exchange Commission, including, but not limited to, the Annual Report on Form 10-K filed for the year ended January 2, 2026. Willdan cautions investors not to place undue reliance on the forward-looking statements contained in this press release. Willdan disclaims any obligation to, and does not undertake to, update or revise any forward-looking statements in this press release.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20261030856162\/en\/<\/a><\/span><\/p>\n

Al Kaschalk
\n
<\/strong>Vice President
\n
310-922-5643
\n
akaschalk@willdan.com<\/a><\/p>\n

KEYWORDS:<\/b> California Texas United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Commercial Building & Real Estate Energy Construction & Property Utilities<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Willdan Completes Acquisition of Mantis Innovation ANAHEIM, Calif.–(BUSINESS WIRE)– Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has completed the previously announced acquisition of Mantis Intermediate Holdings, LLC (\u201cMantis\u201d), doing business as Mantis Innovation, for $285 million in cash, subject to customary holdbacks and adjustments. The transaction closed following expiration of the applicable waiting period under the Hart-Scott-Rodino (\u201cHSR\u201d) Antitrust Improvements Act and satisfaction of customary closing conditions. Headquartered in Houston, Texas, Mantis provides building controls, energy efficiency, energy advisory, and facility management solutions to commercial and industrial customers. Its clients span manufacturing, food and beverage, healthcare, data centers, and other energy-intensive industries. \u201cWe welcome the entire Mantis team to Willdan,\u201d said Mike Bieber, Willdan\u2019s CEO. \u201cElectricity demand is … <\/p>\n

Continue reading “Willdan Completes Acquisition of Mantis Innovation”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1015805","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nWilldan Completes Acquisition of Mantis Innovation - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/willdan-completes-acquisition-of-mantis-innovation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Willdan Completes Acquisition of Mantis Innovation - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Willdan Completes Acquisition of Mantis Innovation ANAHEIM, Calif.–(BUSINESS WIRE)– Willdan Group, Inc. 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Its clients span manufacturing, food and beverage, healthcare, data centers, and other energy-intensive industries. \u201cWe welcome the entire Mantis team to Willdan,\u201d said Mike Bieber, Willdan\u2019s CEO. \u201cElectricity demand is … Continue reading "Willdan Completes Acquisition of Mantis Innovation"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/willdan-completes-acquisition-of-mantis-innovation\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-10-30T14:23:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20261030856162r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/willdan-completes-acquisition-of-mantis-innovation\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/willdan-completes-acquisition-of-mantis-innovation\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Willdan Completes Acquisition of Mantis Innovation\",\"datePublished\":\"2026-10-30T14:23:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/willdan-completes-acquisition-of-mantis-innovation\\\/\"},\"wordCount\":520,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/willdan-completes-acquisition-of-mantis-innovation\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20261030856162r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/willdan-completes-acquisition-of-mantis-innovation\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/willdan-completes-acquisition-of-mantis-innovation\\\/\",\"name\":\"Willdan Completes Acquisition of Mantis Innovation - 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