dla_sc13g.htm

0001654954-24-008946.txt : 20240715 0001654954-24-008946.hdr.sgml : 20240715 20240715180817 ACCESSION NUMBER: 0001654954-24-008946 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240715 DATE AS OF CHANGE: 20240715 GROUP MEMBERS: EDWARD KISSEL GROUP MEMBERS: FORAGER CAPITAL MANAGEMENT, LLC GROUP MEMBERS: FORAGER FUND, LP GROUP MEMBERS: ROBERT MACARTHUR SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Willdan Group, Inc. CENTRAL INDEX KEY: 0001370450 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ENGINEERING SERVICES [8711] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 141951112 STATE OF INCORPORATION: DE FISCAL YEAR END: 1227 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-82357 FILM NUMBER: 241118219 BUSINESS ADDRESS: STREET 1: 2401 EAST KATELLA AVENUE, SUITE 300 CITY: ANAHEIM STATE: CA ZIP: 92806 BUSINESS PHONE: 800-424-9144 MAIL ADDRESS: STREET 1: 2401 EAST KATELLA AVENUE, SUITE 300 CITY: ANAHEIM STATE: CA ZIP: 92806 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Forager Fund, L.P. CENTRAL INDEX KEY: 0001539281 ORGANIZATION NAME: IRS NUMBER: 453145455 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: C/O FORAGER CAPITAL MANAGEMENT, LLC STREET 2: 2024 3RD AVE N SUITE 201 CITY: BIRMINGHAM STATE: AL ZIP: 35203 BUSINESS PHONE: (205) 383-4763 MAIL ADDRESS: STREET 1: C/O FORAGER CAPITAL MANAGEMENT, LLC STREET 2: 2024 3RD AVE N SUITE 201 CITY: BIRMINGHAM STATE: AL ZIP: 35203 SC 13G 1 dla_sc13g.htm SC 13G dla_sc13g.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. __)*

WILLDAN GROUP, INC.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

96924N100

(CUSIP Number)

July 15, 2024

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

	☐	Rule 13d-1(b)

	☒	Rule 13d-1(c)

	☐	Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No. 96924N100

Page 2 of 8 Pages

1	NAME OF REPORTING PERSONS Forager Fund, LP
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ☐ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Delaware

NUMBER OF

BENEFICIALLY

OWNED BY EACH REPORTING

PERSON

WITH

SOLE VOTING POWER

1,255,765

SHARED VOTING POWER

SOLE DISPOSITIVE POWER

1,255,765

SHARED DISPOSITIVE POWER

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,255,765
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) ☐
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.1%
12	TYPE OF REPORTING PERSON (See Instructions) PN

CUSIP No. 96924N100

Page 3 of 8 Pages

1	NAME OF REPORTING PERSONS Forager Capital Management, LLC
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ☐ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION Delaware

NUMBER OF

BENEFICIALLY

OWNED BY EACH REPORTING

PERSON

WITH

SOLE VOTING POWER

1,255,765¹

SHARED VOTING POWER

SOLE DISPOSITIVE POWER

1,255,765

SHARED DISPOSITIVE POWER

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,255,765
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) ☐
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.1%
12	TYPE OF REPORTING PERSON (See Instructions) IA

__________________

¹ Shares reported in this table are held by Forager Fund, LP, of which the Reporting Person is the general partner.

CUSIP No. 96924N100

Page 4 of 8 Pages

NAME OF REPORTING PERSONS

Edward Kissel

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)

(a) ☐

(b) ☐

SEC USE ONLY

CITIZENSHIP OR PLACE OF ORGANIZATION

USA

NUMBER OF

BENEFICIALLY

OWNED BY EACH REPORTING

PERSON

WITH

SOLE VOTING POWER

11,402

SHARED VOTING POWER

1,255,765²

SOLE DISPOSITIVE POWER

11,402

SHARED DISPOSITIVE POWER

1,255,765

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,267,167
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) ☐
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.2%
12	TYPE OF REPORTING PERSON (See Instructions) HC; IN

______________________

² These shares are held by Forager Fund, LP, of which Forager Capital Management, LLC is the general partner. The Reporting Person is a managing partner of Forager Capital Management, LLC.

CUSIP No. 96924N100

Page 5 of 8 Pages

1	NAME OF REPORTING PERSONS Robert MacArthur
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a) ☐ (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION USA

NUMBER OF

BENEFICIALLY

OWNED BY EACH REPORTING

PERSON

WITH

SOLE VOTING POWER

271

SHARED VOTING POWER

1,255,765³

SOLE DISPOSITIVE POWER

271

SHARED DISPOSITIVE POWER

1,255,765

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,256,036
10	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions) ☐
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.1%
12	TYPE OF REPORTING PERSON (See Instructions) HC; IN

________________________

³ These shares are held by Forager Fund, LP, of which Forager Capital Management, LLC is the general partner. The Reporting Person is a managing partner of Forager Capital Management, LLC.

CUSIP No. 96924N100

Page 6 of 8 Pages

Preliminary Statement:

This Schedule 13G is filed by Edward Kissel, Robert MacArthur, Forager Capital Management, LLC, a Delaware limited liability company (the “Investment Adviser”), and Forager Fund, LP, a Delaware limited partnership (the “Fund” and, together with Mr. Kissel, Mr. MacArthur and the Investment Adviser, the “Reporting Persons”) and amends, supplements and replaces in its entirety the Schedule 13D filed on June 6, 2023, as previously amended (the “Schedule 13D”), by the Reporting Persons, relating to shares of Common Stock of Willdan Group, Inc. (the “Issuer”). The Schedule 13D had superseded a Schedule 13G previously filed by the Reporting Persons relating to the Common Stock of the Issuer. The Reporting Persons determined that they no longer hold any shares of Common Stock of the Issuer with any purpose, or with the effect of, changing or influencing control of the Issuer or in connection with or as a participant in any transaction having that purpose or effect. In accordance with Rule 13d-1(h), the Reporting Persons accordingly determined to again report their beneficial ownership of shares of Common Stock of the Issuer on Schedule 13G.

ITEM 1(a).	NAME OF ISSUER

	Willdan Group, Inc.

ITEM 1(b).	ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES

	2401 East Katella Avenue, Suite 300
	Anaheim, CA 92806

ITEM 2(a).	NAME OF PERSONS FILING

	This joint statement on Schedule 13G is being filed by Edward Kissel, Robert MacArthur, Forager Capital Management, LLC, a Delaware limited liability company, and Forager Fund, LP, a Delaware limited partnership.

ITEM 2(b).	ADDRESS OF PRINCIPAL BUSINESS OFFICE

	The business address of each of the Reporting Persons is 2025 3rd Ave. N, Suite 350, Birmingham, AL 35203.

ITEM 2(c).	CITIZENSHIP

	The Fund is a Delaware limited partnership; the Investment Adviser is a Delaware limited liability company; Mr. Kissel is a citizen of the United States; and Mr. MacArthur is a citizen of the United States.

ITEM 2(d).	TITLE OF CLASS OF SECURITIES

	Common stock, par value $0.01 per share (the “Common Stock”).

ITEM 2(e).	CUSIP NUMBER

	96924N100

ITEM 3.	Not applicable.

CUSIP No. 96924N100

Page 7 of 8 Pages

ITEM 4.	OWNERSHIP

	The Reporting Persons, in the aggregate, beneficially own 1,267,438 shares of Common Stock of the Issuer, representing approximately 9.2% of such class of securities. The beneficial ownership of each Reporting Person is as follows: (i) the Fund beneficially owns 1,255,765 shares of Common Stock representing approximately 9.1% of the class; (ii) the Investment Adviser, as the sole general partner of the Fund, beneficially owns 1,255,765 shares of Common Stock representing approximately 9.1% of the class; (iii) Mr. Kissel, as the managing partner of the Investment Adviser, beneficially owns 1,267,167 shares of Common Stock representing approximately 9.2% of the class; and (iv) Mr. MacArthur, as the managing partner of the Investment Adviser, beneficially owns 1,256,036 shares of Common Stock representing approximately 9.1% of the class. The percentages of beneficial ownership reported herein, and on each Reporting Person’s cover page to this Schedule 13G, are based on a total of 13,817,074 shares of the Common Stock issued and outstanding as of May 1, 2024, as reported in the Issuer’s quarterly report on Form 10-Q for the quarterly period ended March 29, 2024.

	Each of the Fund and the Investment Adviser has the sole power to vote and dispose of the shares of Common Stock beneficially owned by such entity (as described above). Mr. Kissel has the sole power to vote and dispose of 11,402 shares of Common Stock, and has the shared power to vote and dispose of 1,255,765 shares of Common Stock. Mr. MacArthur has the sole power to vote and dispose of 271 shares of Common Stock, and has the shared power to vote and dispose of 1,255,765 shares of Common Stock.

ITEM 5.	OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

	Not applicable.

ITEM 6.	OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

	Not applicable.

ITEM 7.	IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON

	Not applicable.

ITEM 8.	IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP

	Not applicable.

ITEM 9.	NOTICE OF DISSOLUTION OF GROUP

	Not applicable.

ITEM 10.	CERTIFICATION

	By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

	DATE: July 15, 2024

	FORAGER FUND, LP

	By:	Forager Capital Management, LLC,
		its General Partner

	By:	/s/ Robert MacArthur
		Robert MacArthur
		Managing Partner

	FORAGER CAPITAL MANAGEMENT, LLC

	By:	/s/ Robert MacArthur
		Robert MacArthur
		Managing Partner

	EDWARD KISSEL

		/s/ Edward Kissel
		Edward Kissel

	ROBERT MACARTHUR

		/s/ Robert MacArthur
		Robert MacArthur