DENVER–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24WLDN&src=ctag” target=”_blank”gt;$WLDNlt;/agt; lt;a href=”https://twitter.com/hashtag/DADavidsonCo?src=hash” target=”_blank”gt;#DADavidsonColt;/agt;–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
“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.”
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
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
For more information, visit dadavidson.com.