E Source Acquires ILLUME Advising

E Source Acquires UMS Group

November 28, 2023

Energy

E Source, the Align Capital Partners-backed utility market intelligence and data-science platform, has acquired UMS Group, a utility management consulting firm. The add-on strengthens E Source’s consulting capabilities in areas such as wildfire risk reduction, asset management, renewable integration and advanced AI modeling for utilities.

E Source Acquires Utilligent

September 18, 2023

Consulting

E Source, a utility market intelligence and solution services platform backed by Align Capital Partners, has acquired Utilligent, an operations and technology management consulting firm serving electric, gas, and water utilities. The add-on expands E Source's capabilities in smart infrastructure, data transformation, program execution, and customer engagement, and increases E Source's headcount by roughly 30%.

E Source Acquires Opinion Dynamics

August 19, 2025

Utilities

E Source, a utilities-focused company backed by Align Capital Partners, has acquired Opinion Dynamics to strengthen its program evaluation, research, and advisory capabilities for utilities. The acquisition expands E Source's ability to deliver end-to-end utility customer and grid-edge solutions—particularly in areas like energy efficiency, electrification, decarbonization, and load flexibility.

E Source Acquires AAC Utility Partners

January 4, 2022

Utilities

E Source, a provider of research, data science and consulting for North American utilities, has acquired AAC Utility Partners, a Columbia, South Carolina-based vendor-independent consulting firm that specializes in customer information systems (CIS), program management and cloud consulting for utilities. The transaction is an add-on to E Source's Technology Planning and Implementation (TPI) business unit and is intended to expand the company's implementation, CIS and cloud capabilities for electric, gas, water and wastewater utilities.

ComplySci Acquires illumis, Political Contribution Data Aggregator

November 18, 2021

Financial Services

ComplySci, a provider of regulatory technology for financial services, has acquired illumis Inc., a data aggregator and technology provider that monitors political contribution and public records data. The acquisition expands ComplySci's compliance platform capabilities by adding illumis's comprehensive political donation coverage and preclearance tools, and illumis will operate as a ComplySci company with its founder Mike Phillips serving as President, illumis.

E Source Acquires CF Power

September 25, 2025

Engineering Services

E Source, a Boulder-based provider of customer, grid, and technology solutions for utilities, has acquired CF Power, a power systems engineering firm known for grid modernization and interconnection studies. The deal, supported by E Source investor Align Capital Partners, strengthens E Source's technical engineering capabilities to support utilities and developers across planning, interconnection and transmission work.