Willdan completes $285 million acquisition of Mantis Innovation
Willdan Group completed its acquisition of Mantis Intermediate Holdings, LLC, doing business as Mantis Innovation, on October 30, 2026, for approximately $285 million, subject to post-closing adjustments. The company funded the price with $35.0 million from its revolving credit facility and $250.0 million from a new term loan, and said it will provide updated financial guidance on its third quarter earnings call scheduled for November 5, 2026.
Key points
- Purchase price of approximately $285 million, subject to customary post-closing adjustments, closed October 30, 2026
- Funding: $35.0 million of revolving credit facility borrowings and $250.0 million under a new term loan
- New $250.0 million term loan matures May 5, 2030, with terms identical to existing credit facilities
- Updated financial guidance to be discussed on the November 5, 2026 third quarter earnings call
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.