The Board of Directors of Mass-Save, Inc., an independent, non-profit corporation established by investor-owned electric and gas companies and municipal light departments in the Commonwealth of Massachusetts, retained Shields & Company to find a suitable acquirer. The result of the sale process was a merger between the company and Conservation Services Group, Inc., a non-profit corporation of the Commonwealth of Massachusetts with goals similar to those of Mass-Save. Mass-Save was able to uphold its mission statement and retain a majority of its employees.
Shields & Company acted as a financial advisor to Mass-Save, Inc. in the above transaction.