Willdan Group to buy Mantis Innovation in $285M deal
Willdan to acquire Mantis Intermediate Holdings, a Texas-based provider of building controls, energy efficiency, energy advisory, and facility management solutions, for $285M in cash.
WILLDAN GROUP INC (WLDN) is drawing unusual attention today. Our newswire has captured 3 stories on WLDN across 3 sources in the last 36 hours, with AI sentiment reading bullish (avg 63/100).
WLDN stock rose 5.70% to $84.44 in Friday trading, driven by news that Willdan Group has agreed to acquire Mantis Innovation for $285 million in cash. The deal is expected to strengthen the company's position in energy management and infrastructure. The acquisition is projected to generate $120 million of 2026 net revenue at a low-20s adjusted EBITDA margin. Willdan expects earnings accretion in 2027, pending regulatory approval.
Willdan Group announced it will acquire Mantis Intermediate Holdings, a Texas-based provider of building controls, energy efficiency, energy advisory, and facility management solutions. The $285 million cash deal is intended to expand Willdan’s capabilities in the energy infrastructure sector. The company highlighted that Mantis is expected to contribute significantly to future revenue and earnings. The acquisition is subject to Hart-Scott-Rodino (HSR) antitrust review. The deal was reported by multiple sources, with details including projected financials and strategic rationale.
WLDN opened with a 1.0% gap up at $80.70, following a prior close of $79.89. The stock reached an intraday high of $84.45 at 10:00 AM ET before settling at $84.24. The session low was $78.96. Volume has so far been 0.0M shares, representing 0.1 times the 3-month daily average. The stock is currently trading within its 52-week range of $64.67 to $137.00. On September 23, the stock printed four fresh 52-week highs and three fresh 52-week lows. Recent insider transactions show three sales by Thomas Donald Brisbin, a director, totaling $5.9 million over the past 90 days.
The stock’s next key event will be the outcome of the HSR antitrust approval process for the Mantis acquisition. Investors should also monitor coverage breadth and any further updates on the projected earnings accretion in 2027.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Public view is delayed 4 hours from real time. Not financial advice.
Willdan to acquire Mantis Intermediate Holdings, a Texas-based provider of building controls, energy efficiency, energy advisory, and facility management solutions, for $285M in cash.
Mantis is expected to generate $120M of 2026 net revenue at a low-20s adjusted EBITDA margin; Willdan expects earnings accretion in 2027, subject to HSR approval.
WILLDAN GROUP INC (WLDN) is drawing unusual attention today. Our newswire has captured 3 stories on WLDN across 3 sources in the last 36 hours, with AI sentiment reading bullish (avg 63/100). The most recent driver: "Willdan Group to buy Mantis Innovation in $285M deal" (Seeking Alpha).
Top Tier Newswire does not give financial advice. Our AI sentiment across the last 36 hours of WLDN coverage reads 63/100 over 3 stories; treat it as a research signal and do your own diligence.
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More on WLDN: full news and sentiment history. Sentiment scores are AI-derived research signals, not financial advice.
Earlier WLDN move explainers: 2026-09-23