Core Viewpoint - Willdan Group, Inc. is expanding its financial services through the acquisition of Compass Municipal Advisors, which will enhance its service offerings and geographic reach in the municipal advisory sector [1][2]. Company Overview - Willdan Group, Inc. is a nationwide provider of professional technical and consulting services, focusing on utilities, government agencies, and private industry [4]. - The company offers a wide range of services, including electric grid solutions, energy efficiency, sustainability, energy policy planning, engineering, and municipal financial consulting [4]. Acquisition Details - Willdan Financial Services has signed a definitive agreement to acquire Compass Municipal Advisors, an independent municipal advisory firm based in the Southeastern US [1]. - Compass specializes in assisting public agencies with financial challenges related to infrastructure rehabilitation and capital project development [1][3]. - The acquisition is expected to close on January 1, 2026, pending customary closing conditions [1]. Strategic Benefits - The partnership with Compass will enhance Willdan's resources and capabilities, allowing for broader data-driven guidance to public agencies [2]. - The acquisition will complement Willdan's existing financial and technical expertise while expanding its geographic reach [2].
Willdan Expands Financial Services With Acquisition of Compass Municipal Advisors