D.A. Davidson & Co. announced today that it served as exclusive financial advisor to EYP Architecture & Engineering in the pending sale of The Weidt Group to Willdan (NASDAQ: WLDN). Willdan, an electric grid solutions company, delivers industry-leading energy and engineering solutions nationwide. Terms of the transaction were not disclosed.
The Weidt Group, headquartered in Minnetonka, Minnesota, is a leading national provider of utility demand side management program design and implementation, energy benchmarking, energy and daylighting analysis, and software tools to support automation and data capture of energy usage.
“The addition of The Weidt Group’s industry-leading engineering capabilities and software tools to Willdan creates a powerful combination in the utility demand side management sector,” said Tim Sznewajs, Managing Director and co-head of Engineering and Construction Investment Banking at D.A. Davidson. “We are thrilled to have facilitated this transaction for EYP and are confident in The Weidt Group’s continued opportunities as part of the Willdan organization.”
D.A. Davidson’s investment banking division is a leading full-service investment bank that offers comprehensive financial advisory and capital markets expertise. The group has extensive transaction experience serving middle market clients worldwide across five industry verticals: consumer, diversified industrials, financial institutions, real estate and technology.
Together with its European strategic partner, MCF Corporate Finance, D.A. Davidson originates and executes transatlantic M&A transactions under the common brand of D.A. Davidson MCF International.
About D.A. Davidson Companies
D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions and municipalities nationwide. Founded in 1935 and headquartered in Montana, with corporate offices in Denver, Los Angeles, Portland and Seattle, the company has approximately 1,350 employees and offices in 25 states.
Subsidiaries include: D.A. Davidson & Co., the largest full-service investment firm headquartered in the Northwest, providing wealth management, investment banking, equity and fixed income capital markets services and advice; Davidson Investment Advisors, a professional asset management firm; D.A. Davidson Trust Company, a trust and wealth management company; and Davidson Fixed Income Management, a registered investment adviser providing fixed income portfolio and advisory services.
For more information, visit dadavidson.com.