Innotap, LLC is a leading provider of real-time power trading and decision support tools for energy and commodity traders. Based in Minneapolis, MN, Innotap has been acquired by MCG Energy Solutions, a well-established software company specializing in operating and financial systems for the wholesale power and gas industries. This strategic acquisition enables MCG to offer customers a comprehensive trade execution solution from the front to the back office.

Innotap's suite of data visualization, analytics, and decision support tools empower traders to capture opportunities before markets change. By integrating Innotap's innovative products with MCG's Energy Product Suite, customers can benefit from real-time data visualization and analysis for power trading decisions, as well as trade capture, scheduling, generation management, and more. With a focus on the front office, Innotap's pre-trade analysis and transaction monitoring products complement MCG's strong portfolio in the front, middle, and back offices.

This acquisition strengthens MCG's position as a growing leader in the North American energy software industry and expands their footprint in the energy software space