What is Willdan?
Willdan Group, Inc. (Willdan) is a publicly traded American company established in 1964 and headquartered in Anaheim, California. The firm specializes in offering professional consulting and technical services across various sectors. Its operations are geared towards providing essential expertise to clients, contributing to infrastructure development and operational efficiency. The company's long-standing presence in the market signifies a deep understanding of its service domains and a robust operational framework.
How much funding has Willdan raised?
Willdan has raised a total of $318.1M across 5 funding rounds:
Stock Offering
$20.4M
Debt
$35M
Grant
$6.3M
Stock Offering
$56.4M
Debt
$200M
Stock Issuance/Offering (2006): $20.4M with participation from Undisclosed
Debt (2017): $35M led by BMO Harris Bank
Grant (2017): $6.3M supported by California Energy Commission
Stock Issuance/Offering (2018): $56.4M featuring Undisclosed
Debt (2019): $200M backed by MUFG Union Bank, Bank of America, BMO Harris Bank, Citibank, and US Bank
Key Investors in Willdan
BMO Harris Bank
BMO Harris Bank is a financial institution providing a range of banking and financial services. It has participated in Willdan's debt financing rounds.
Bank of America
Bank of America, founded in 1874 and headquartered in Charlotte, is a global financial institution providing comprehensive banking and financial services. The company operates through four key segments: Consumer Banking, Global Wealth & Investment Management, Global Banking, and Global Markets. Bank of America offers a wide range of products including savings and checking accounts, investment options, credit and debit cards, mortgages, loans, wealth management solutions, commercial lending, treasury services, and capital markets products. The company serves diverse clients including individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. Bank of America delivers its services through financial centers, ATMs, digital platforms, and mobile applications, combining traditional banking with modern technology solutions.
Citibank
Citigroup Inc. is a leading global financial services company headquartered in New York City, New York. One of the world's largest banks, Citi provides a broad range of financial products and services including consumer banking, corporate and investment banking, securities brokerage, trade finance, and wealth management to individuals, corporations, governments, and institutions in over 160 countries.
What's next for Willdan?
The recent major strategic investment of $200M positions Willdan for accelerated growth and enhanced service delivery. Given the enterprise-level nature of its total funding, $318.1M, Willdan appears to be in a scaling phase, likely focusing on expanding its service offerings, geographical reach, and technological capabilities. This strategic backing from financial institutions suggests confidence in Willdan's business model and its potential for future profitability and market leadership in the consulting and technical services sector.
See full Willdan company page