Announced
Completed
Financials
Sources
Tags
Minority
Single Bidder
Completed
Private Equity
Information / Data Services
United States
Domestic
Private
Acquisition
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Synopsis
Align Capital, a private equity firm, completed an investment in E Source, a company which is helping electric, gas and water utilities solve their most important problems using data and technology. Financial terms were not disclosed. “The past few years have been such an exciting time for both E Source and ACP. We’re thrilled to have raised our first continuation vehicle in support of a business designed to solve dynamic challenges for some of the largest utilities. Over the next few years, we will be looking to aggressively expand E Source’s market penetration and impact, and M&A will continue to be a big part of that strategy,” Rob Langley, ACP Managing Partner.
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