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Willdan Strengthens Electrical Engineering Capabilities With the Acquisition of APG

1. Willdan acquired APG, enhancing expertise in renewable energy and engineering. 2. The acquisition positions WLDN strongly in microgrids and EV charging sectors.

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FAQ

Why Bullish?

Historically, acquisitions can lead to increased market confidence and revenue potential. WLDN's expansion into renewable energy aligns with industry growth trends.

How important is it?

The acquisition of APG directly enhances WLDN's service portfolio in a growing sector, indicating strong potential for future revenue.

Why Long Term?

The long-term benefits from this acquisition may unfold as renewable energy demand increases. Past acquisitions have often led to sustained growth over several quarters.

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NEEBEENPH
ANAHEIM, Calif.--(BUSINESS WIRE)---- $WLDN--Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has acquired Alternative Power Generation, Inc. (APG), an electrical engineering and construction management firm, in a stock purchase that closed on March 3. APG adds significant expertise in data center substation design and construction management, microgrids, EV charging stations, and renewable energy projects for the commercial sector. This expertise strengthens Willdan's position in electrical eng.

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