Willdan to Acquire Mantis Innovation for $285 million
Willdan Group (NASDAQ: WLDN) entered a definitive Membership Interest Purchase Agreement to acquire 100% of Mantis Intermediate Holdings, LLC. Total purchase price is $285 million, per the announcement.
Story updates
08:08:12 PM UTC
SquawkNews
Willdan Group, Inc. (NASDAQ: WLDN) announced today it has entered into a definitive Membership Interest Purchase Agreement with Mantis Innovation to acquire 100% of the outstanding equity of Mantis Intermediate Holdings, LLC ("Mantis"). The total purchase price of this acquisition is $285 million i…
08:08:57 PM UTC
SquawkNews
Willdan entered a definitive deal to acquire Mantis Innovation for $285M in cash, subject to HSR approval, with closing expected in Q4 2026. Willdan plans to fund via a new $250M term loan plus cash and existing facilities.Material DetailsContext by AI AnalystThis is a strategic expansion via M&A t…