Willdan Strengthens Footprint in Florida With Alpha Acquisition

Group 1: Acquisition and Expansion - Willdan Group, Inc. has completed the acquisition of Alpha Inspections Inc. to enhance its capabilities and grow its presence in key regions, particularly Florida [1] - The acquisition of Enica Engineering on Oct. 25, 2024, aligns with Willdan's strategy to strengthen its market position and expand service offerings [2][3] - Enica is expected to contribute to higher margins, earnings, and earnings per share (EPS) by 2025, providing potential synergies within Willdan's Energy segment [3] Group 2: Financial Performance - Willdan's stock has gained 79.3% over the past year, significantly outperforming the Zacks Business-Services industry's growth of 9.1% [4] - The company has secured consistent contract wins, including an $11 million energy and infrastructure modernization project with the City of South Lake Tahoe, CA, aimed at reducing carbon emissions [6] Group 3: Market Position and Rankings - Willdan currently holds a Zacks Rank of 3 (Hold), indicating a stable market position [7] - Comparatively, other stocks in the Business Services sector, such as Sezzle, Inc. and SPS Commerce, Inc., have higher Zacks Ranks, indicating stronger buy signals [8][9]