ACP-Backed E Source Expands its Reach with the Acquisition of UMS Group
Summary
“By joining E Source, we look forward to continuing our valuable strategic work for clients, while being able to expand our reach and deepen our thought leadership delivery in the electric, water and gas utility sectors.” ACP acquired E Source in June of 2019 and will continue to invest in strategic add-ons to broaden the Company’s offering of tech-enabled, data-driven solutions to help utilities effectively manage the infrastructure and customer sides of their business. E Source blends industry-leading research, predictive data science and solution services to help utilities make better decisions to support their customers, their bottom line and our planet. With a data-first approach and a commitment to practical innovation, the Company uses more than three decades of utility-focused experience and our unique solution set to help clients achieve their goal of becoming a Sustainable Utility. ACP brings experience and resources to help lower-middle-market companies accelerate their growth to the benefit of management, employees and the firm’s investors. ACP makes control investments in differentiated companies within the business services, technology, specialty manufacturing and distribution sectors.