Willdan To Acquire Mantis Innovation Strengthening Its Position In Energy Management And Infrastructure
WLDN•Willdan to acquire Mantis Innovation
Sept. 23 (Reuters) - Willdan Group, Inc. WLDN.O:
- Willdan to acquire Mantis Innovation, strengthening its position in energy management and infrastructure.
- Deal valued at $285 million in cash.
- Mantis is expected to be accretive to Willdan's earnings in 2027.
- Willdan plans to fund the deal with a $250 million term loan, cash, and credit facilities.
