ACP-Backed E Source Expands its Reach with the Acquisition of UMS Group
Align Capital Partners’ (“ACP”) utility market intelligence, data science and solution services platform, E Source (the “Company”), has acquired UMS Group (“UMS”).
- Align Capital Partners’ (“ACP”) utility market intelligence, data science and solution services platform, E Source (the “Company”), has acquired UMS Group (“UMS”).
- UMS is an industry leader in utility management consulting with technical expertise that extends across a wide spectrum of utility management challenges including wildfire risk reduction, asset management excellence, renewable energy integration and advanced AI modeling.
- “By bringing UMS Group into E Source, we’re reaffirming our commitment to delivering the most comprehensive solutions to utilities," says Dave Perotti, CEO of E Source.
- “Over the past 34 years, we have worked hard to establish UMS Group as one of the preeminent consulting and solution providers for the global utility industry,” says Jack Shearman, Founder and CEO of UMS.