Tracked deals
17
17 tracked deals across 2020-2026.
Operating Company
Business Services
E Source
Boulder, Colorado, United States
E Source provides evidence-based research and guidance for utilities across the US and Canada, combining research with technology to help clients anticipate challenges and make confident decisions. It supports utilities in serving customers, optimizing the grid, and strengthening operations.
- Focus Areas
- Utility research and advisory, Utility data science / predictive analytics, Utility planning and customer/grid guidance
- Website
- esource.com
Recent pace
2
2 tracked deals announced in the last 12 months.
Deal mix
Addon
10 addon · 7 buyout
E Source Acquisition Volume by Year
Last 7 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
Showing the 12 most recent of 17 tracked deals for E Source.
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August 24, 2026
- Buyer
- E Source
- Target
- Aneden Consulting
- Industry
- Energy
- Location
- Texas, United States
- Type
- Buyout
E Source acquired Aneden Consulting, an interconnection and compliance engineering firm, to deepen E Source’s grid modernization, engineering, and interconnection capabilities. The acquisition expands E Source’s technical depth and helps utilities, developers, and hyperscalers navigate increasingly complex and longer interconnection processes.
-
April 2, 2026
- Buyer
- Yes Energy
- Target
- Enelytix, Inc., Newton Energy 2, TCR/PowerIntel
- Industry
- Cloud & SaaS
- Location
- United States
- Type
- Buyout
Yes Energy announced it has acquired Enelytix, a cloud-native power market modeling and long-term nodal forecasting platform. The deal is intended to combine Enelytix’s nodal forecasts and renewable modeling with Yes Energy’s power market data and analytics infrastructure to support investment-grade decision-making in complex power markets.
-
September 25, 2025
- Buyer
- E Source, Align Capital Partners
- Target
- CF Power
- Industry
- Engineering Services
- Location
- Alberta, Canada
- Type
- Addon
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.
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August 19, 2025
- Buyer
- E Source, Align Capital Partners
- Target
- Opinion Dynamics
- Industry
- Utilities
- Location
- Massachusetts, United States
- Type
- Addon
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.
-
May 6, 2025
- Buyer
- E Source, Align Capital Partners
- Target
- ILLUME Advising
- Industry
- Consulting
- Location
- Wisconsin, United States
- Type
- Addon
E Source, a utilities-focused research, data science and consulting company, has acquired ILLUME Advising, a boutique research and program-evaluation consultancy for the energy and utility sector. The deal, executed by E Source (which is backed by Align Capital Partners), is an add-on intended to expand E Source's program evaluation, human-centered research and customer-insight capabilities for utility clients across North America.
-
April 23, 2024
- Buyer
- Yes Energy
- Target
- Power Settlements
- Industry
- Software
- Location
- California, United States
- Type
- Buyout
Yes Energy, a Boulder-based power markets data and analytics provider, has acquired Power Settlements, a developer of bid-to-bill software for participants in organized wholesale power markets. The deal combines Yes Energy's ISO market data and analytics with Power Settlements' transaction and settlement tooling to provide an end-to-end workflow for physical and financial power market participants.
-
March 5, 2024
- Buyer
- Itron, Inc.
- Target
- Elpis Squared
- Industry
- Utilities
- Location
- California, United States
- Type
- Buyout
Itron, Inc. has acquired Elpis Squared, a Newport Beach–based provider of software and services for utility grid operations, effective March 5, 2024. The deal expands Itron's Grid Edge Intelligence portfolio by adding Elpis Squared's RE|Grid Suite and expertise in distribution grid planning, operations and engineering to accelerate grid modeling, analytics and operational use of high-resolution grid edge data.
-
December 5, 2023
- Buyer
- Yes Energy
- Target
- Anchor Power Solutions
- Industry
- Energy
- Location
- Georgia, United States
- Type
- Buyout
Yes Energy has acquired Anchor Power Solutions, the developer of EnCompass power market forecasting and resource-planning software. The deal brings Anchor Power’s modeling capabilities into Yes Energy’s data and analytics platform to expand long-term power market modeling, transmission and decarbonization planning tools for utilities, developers and market participants.
-
November 28, 2023
- Buyer
- E Source, Align Capital Partners
- Target
- UMS Group
- Industry
- Energy
- Location
- New Jersey, United States
- Type
- Addon
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.
-
October 3, 2023
- Buyer
- Yes Energy
- Target
- The C Three Group
- Industry
- Energy
- Location
- Georgia, United States
- Type
- Buyout
Yes Energy announced on October 3, 2023 that it has acquired The C Three Group, a provider of North American energy infrastructure market intelligence and project databases. The acquisition integrates C Three's infrastructure project datasets and forecasting capabilities into Yes Energy's power market data and analytics platform to give customers deeper visibility into generation, transmission, and interconnection project status and impacts on power markets.
-
September 18, 2023
- Buyer
- E Source, Align Capital Partners
- Target
- Utilligent
- Industry
- Consulting
- Location
- Colorado, United States
- Type
- Addon
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%.
-
August 9, 2022
- Buyer
- Yes Energy, Accel-KKR
- Target
- Live Power Intelligence
- Industry
- Energy
- Location
- United States
- Type
- Addon
Yes Energy has acquired Live Power Intelligence to integrate Live Power’s real-time generation and transmission flow monitoring into Yes Energy’s power market data platform. The deal, enabled by Yes Energy’s growth equity partner Accel‑KKR, will expand proprietary grid-monitoring coverage and deepen analytics for traders, utilities and power market participants.
Related Acquisition Pages
Energy Buyers & Acquisitions
6 tracked deals by E Source.
Consulting Buyers & Acquisitions
3 tracked deals by E Source.
Utilities Buyers & Acquisitions
3 tracked deals by E Source.
Cloud & SaaS Buyers & Acquisitions
1 tracked deal by E Source.
Acquisitions in California
2 tracked deals by E Source.
Acquisitions in Colorado
2 tracked deals by E Source.
Acquisitions in Georgia
2 tracked deals by E Source.
Acquisitions in Massachusetts
1 tracked deal by E Source.
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