Willdan Strengthens Infrastructure Advisory With Compass Deal

Core Insights - Willdan Group, Inc. (WLDN) announced the acquisition of Compass Municipal Advisors, LLC, set to complete on January 1, 2026, enhancing its advisory capabilities and market reach [1][3] Acquisition Details - Compass has over a decade of experience in assisting local governments with funding and modernizing infrastructure, aligning with Willdan's mission to support public entities in making informed financial decisions [2] - The acquisition will provide Willdan access to new markets, particularly in South Carolina and Kentucky, and strengthen its advisory services in high-demand areas such as water systems and transportation upgrades [2][3] Strategic Growth - Willdan's leadership emphasized the cultural alignment and shared purpose between the two firms, which will enhance resources, analytical depth, and service offerings for public agencies [3] - The acquisition is part of Willdan's broader inorganic growth strategy, which includes targeted acquisitions to expand service offerings and deepen sector expertise [5][8] Recent Acquisitions - In January 2025, Willdan acquired Alpha Inspections, Inc., enhancing its municipal services and regulatory compliance capabilities [6] - On March 3, 2025, Willdan purchased Alternative Power Generation, Inc. (APG), which provides electric power solutions for various infrastructure projects, contributing $4.8 million in revenues during the third quarter [7][8] Market Performance - Following the acquisition announcement, WLDN shares rose by 4.5% during trading hours [4] - Over the past six months, WLDN shares have surged by 91.7%, significantly outperforming the Zacks Business - Services industry, which saw a decline of 22.3% [9]