E Source continues acquisition spree, absorbs UMS Group consultancy
BOULDER — E Source Cos. LLC, a data-science company that serves the utility industry, has acquired utility consulting firm UMS Group Inc.
“By bringing UMS Group into E Source, we’re reaffirming our commitment to delivering the most comprehensive solutions to utilities,” E Source CEO Dave Perotti said in a prepared statement. “This acquisition amplifies our ability to empower utilities in a rapidly changing energy landscape, particularly in the face of pressing challenges like climate change, renewable energy adoption, and asset management.”
Terms of the deal were not disclosed.
E Source, which was itself acquired by Align Capital Partners in 2019, bought management-consulting firm Utilligent in September. The company has absorbed nearly a dozen other firms since 2020.
SPONSORED CONTENT
BOULDER — E Source Cos. LLC, a data-science company that serves the utility industry, has acquired utility consulting firm UMS Group Inc.
“By bringing UMS Group into E Source, we’re reaffirming our commitment to delivering the most comprehensive solutions to utilities,” E Source CEO Dave Perotti said in a prepared statement. “This acquisition amplifies our ability to empower utilities in a rapidly changing energy landscape, particularly in the face of pressing challenges like climate change, renewable energy adoption, and asset management.”
Terms of the deal were not disclosed.
E Source, which was itself acquired by Align Capital Partners in 2019, bought management-consulting…
Related Posts
-
Woodward Inc. has signed an agreement to sell its heavy-duty gas turbines combustion parts business.
-
A recent spate of complaints about Xcel Energy power outages across metro Denver is prompting…
-
President-elect Donald Trump has named Chris Wright, CEO of Denver-based oil and gas company Liberty…
-
Xcel Energy Colorado has requested approval from the Colorado Public Utilities Commission to reduce customer…