Allied Power Group, LLC
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Allied Power Group, LLC - overview
Established
2005
Location
Houston, TX, US
Primary Industry
Industrial Machinery
About
Allied Power Group specializes in maintenance and repair services for gas and steam turbines, essential for efficient power generation. Their services ensure reliability and performance across global markets. Allied Power Group (APG) provides maintenance and repair services specifically for gas and steam turbines. Founded in 2005 and headquartered in Houston, US, the company underwent a shift in ownership in June 2019 when AEA Investors acquired it from OFS Energy.
The firm has completed a total of 2 deals since its inception. David Theis serves as the CEO. Allied Power Group (APG) primarily focuses on delivering comprehensive maintenance and repair services for gas and steam turbines, which are critical components in power generation systems. Their core offerings include full-service inspection, repair, and field services designed to ensure optimal performance, reliability, and longevity of turbine assets.
APG's Gas & Steam Field Services group provides turnkey solutions for major outages and mission-critical maintenance tasks, ensuring minimal downtime during operations. The company serves a diverse client base that includes major players in the power generation sector, such as GE and Siemens, and operates on a global scale, providing services to power plants in North America, Europe, and parts of Asia. By offering tailored solutions that address specific operational needs, APG enhances the efficiency and reliability of their customers’ power-generating assets, helping them meet increasing energy demands. Allied Power Group operates under a structured transaction model, engaging in B2B partnerships with power generation companies for their maintenance and repair needs.
For the year 2018, the company reported a revenue of USD 40. 20 mn and an EBITDA of USD 6. 50 mn. Revenue is generated through service contracts that cover maintenance services, component repairs, and supply of new and refurbished parts, ensuring clients receive comprehensive support tailored to their specific requirements.
Allied Power Group aims to enhance its service offerings with the development of new maintenance solutions set to be launched in the coming years. Additionally, the company is targeting expansion into new markets in Europe and Asia by 2025. The recent acquisition in June 2019 by AEA Investors will support these initiatives, providing the necessary resources to facilitate growth and improve service capabilities.
Current Investors
AEA Investors
Primary Industry
Industrial Machinery
Sub Industries
Facilities & Maintenance Services, Oil & Gas Equipment and Services, Power Generation Equipment & Services, Industrial Machinery
Website
www.alliedpg.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Allied Power Group, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Combustion Parts Incorporated | - | ||||||||
| Add-on | Completed | Texas Metal Printing, LLC | - | ||||||||
| Add-on | Completed | Nexgen Advanced Fuel Systems, LLC | - | ||||||||
| Secondary Buyout | Completed | Allied Power Group, LLC | - | ||||||||
| Add-on | Completed | ETA Technologies, LLC | - |
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