E Source Companies LLC

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E Source Companies LLC - overview

Established

1986

Location

Boulder, CO, US

Primary Industry

Information Services

About

E Source Companies LLC, based in the US, is a specialized research, consulting, and data science firm dedicated to the utility sector, enhancing operational efficiency and customer experiences for utility providers in North America. Founded in 1986, E Source Companies LLC operates out of Boulder, US, focusing on solutions for utility companies. The firm has undergone strategic shifts to enhance its offerings and was notably acquired in June 2019 by Align Capital Partners, which allowed the company to expand its consulting services and develop utility customer engagement software solutions. The executive leadership includes David Perotti, Michelle Tidwell, Ted Schultz, and Wayne Greenberg.


E Source is a solutions-based research, consulting, and data science firm specializing in the utility sector for over 30 years. Their core offerings include end-to-end consulting and data science services that enable utilities to enhance operational efficiency, optimize grid resources, and improve customer experiences. The company assists utilities in developing and implementing cost-effective programs aimed at decarbonization, electrification, and technology adoption, thereby addressing the evolving needs of business and residential customers. E Source's client base spans utilities across the United States and Canada, including electric, gas, and water utilities, aiding them in leveraging advanced data analytics and machine learning to achieve measurable performance improvements.


The firm emphasizes collaboration with utility partners to foster trust and innovation within the sector, ensuring that their solutions meet the specific requirements of diverse geographical markets. E Source generates revenue primarily through subscription-based memberships and consulting engagements with utility companies. Clients access a range of services that encompass research, advisory, and data science applications, tailored to their operational needs. The firm’s revenue structure includes recurring fees for enterprise-wide memberships, which provide clients with ongoing access to industry research, expert insights, and exclusive events.


Additionally, consulting projects typically operate on a fee-for-service basis, where E Source collaborates with utilities to implement technology solutions and efficiency programs. While specific pricing details for their flagship services are proprietary, the company's financial transactions are structured to ensure that clients derive value from enhanced efficiency and improved customer satisfaction. The acquisition by Align Capital Partners in June 2019 enables E Source to enhance its consulting offerings and create innovative utility customer engagement software solutions. The company is focusing on developing new products that cater to the evolving needs of the utility sector.


Specific plans for market expansion have not been detailed, but the firm is likely looking towards broader geographic reach within North America to support its consulting services. The recent funding will be instrumental in driving these initiatives forward.


Current Investors

Align Capital Partners

Primary Industry

Information Services

Sub Industries

Consulting Services, Information Services

Website

www.esource.com

Verticals

Research (Non-Medical)

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

E Source Companies LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedCF Power-
Add-onCompletedOpinion Dynamics Corporation-
Add-onCompletedILLUME Advising, LLC-
Add-onCompletedUMS Group Inc.-
Add-onCompletedUtilligent LLC-

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