M&A
confidence high
sentiment positive
materiality 0.80
Willdan to acquire Mantis Intermediate Holdings for $285M cash
Willdan Group, Inc.
- Base purchase price $285M, subject to working capital, cash, debt and expense adjustments; $5M adjustment escrow.
- Closing expected October 30, 2026, conditioned on HSR waiting period and no prohibitive law/order.
- Willdan Group guarantees subsidiary Willdan Energy Solutions' payment and performance obligations under the agreement.
- Buyer secured conditional reps-and-warranties insurance for seller breaches; deal includes customary covenants and termination rights.