Willdan Expands Commercial Energy Capabilities With Acquisition of Burton Energy Group

Willdan Group, Inc. (NASDAQ: WLDN) announced that, on May 4, it acquired 100% of the membership interests of Burton Energy Group, LLC (Burton), an energy management consulting and solutions provider headquartered near Atlanta, Georgia. Burton provides cost-effective, data-driven energy management, energy procurement, energy efficiency, and turnkey asset replacement services to multi-site commercial clients, which include monitoring over 60,000 client sites across the United States. Burton reported approximately $103 million in contract revenue, $15 million in net revenue, and $7 million in EBITDA in 2025. The transaction is expected to be accretive to Willdan’s 2026 adjusted earnings per share. The terms of the transaction were not disclosed. Additional details will be provided in Willdan’s earnings press release, updated guidance, and conference call this Thursday.

“Burton more than doubles Willdan’s strategic expansion in the commercial sector by acting as a trusted advisor to many Fortune 500 clients, strengthening a key pillar of growth for Willdan,” said Mike Bieber, Willdan’s CEO. “Their capabilities deepen our energy management and efficiency services and add energy procurement to better support our clients’ energy costs and risk management needs. Burton has a high percentage of recurring revenue and strengthens our presence across the Southeast and Midwest. We welcome all of the Burton team to Willdan.”

“We founded Burton Energy Group nearly 25 years ago, and it has been both an integral part of our professional lives and a second family for many of us,” said Brent Burton, Managing Partner and Founder of Burton. “In Willdan, we found a partner that broadens our services and portfolio while also sharing our culture, values, and commitment to providing great value to customers and positively impacting the environment. We couldn’t be more excited to join Willdan and grow together.”

“Willdan’s collaborative culture and leadership in solving complex problems across the energy sector provide a great new home for our team to excel and reach new heights of service,” said Mark Breuker, Managing Partner of Burton. “We look forward to driving continued innovation and growth for our customers and stakeholders.”

Burton Energy Group | www.burtonenergygroup.com

Willdan | www.willdan.com