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Consumer Product Transaction

About the TROVE + E Source Transaction

has been acquired by

a portfolio company of

February 25, 2020  |  Philadelphia, PA

Mufson Howe Hunter & Company is pleased to announce that TROVE Predictive Data Science, Inc. (“TROVE”), a provider of predictive analytics solutions for the utility industry, has been acquired by E Source (“E Source”), a portfolio company of Align Capital Partners (“ACP”).

TROVE, founded in 2002 and headquartered in Buffalo, New York, is a leading provider of predictive analytics solutions for the utility industry. TROVE aims to assist its utility clients better utilize their data in order to optimize decision making. TROVE’s talented team of data scientists and engineers have developed artificial intelligence (“AI”) software to help clients make better, data-driven decisions in order to improve their bottom lines, reduce operational risk and increase customer satisfaction.

Mufson Howe Hunter acted as TROVE’s exclusive financial advisor for the transaction. This engagement underscores MHH’s commitment to partnering with leading software and services companies that leverage artificial intelligence, machine learning and big data to deploy cutting-edge, vertically focused solutions.