Allied Power Group (\u201cAPG\u201d) is pleased to announce the completion of three impactful initiatives as it continues to execute its strategy of building the only fully-integrated independent provider of maintenance solutions to the industrial gas turbomachinery market: i) the acquisition of Eta Technologies, LLC, ii) a rebranding initiative as APG and iii) the purchase of its corporate and operational headquarters in northwest Houston.<\/p>\n
Acquisition of Eta Technologies<\/u><\/p>\n
Eta Technologies, LLC (\u201cEta\u201d) is the leading independent provider of new and aftermarket parts and maintenance solutions for Siemens V-Series industrial gas turbines.\u00a0 Richard Curtis and John Kearney, the founders of Eta, will join APG in critical leadership roles.<\/p>\n
\u201cWe are thrilled to welcome Rich and John to the APG team,\u201d said David Theis, APG\u2019s President.\u00a0 \u201cEta\u2019s V-Series expertise fits seamlessly with APG\u2019s strategy of providing full-service solutions to the power generation industry, including turbine component repair, rotor repair, new parts manufacturing and field service capabilities, and we believe the combination will drive meaningful revenue growth, particulaly internationally.\u201d<\/p>\n
\u201cJoining forces with a large pure-play independent provider of gas turbine maintenance solutions has made sense for some time,\u201d said Richard Curtis, founder of Eta.\u00a0 \u201cDave\u2019s arrival at APG, in conjunction with its success in providing integrated products and services to its customers, were attractive drivers in our selection of a partner; we are extremely enthusiastic about this combination.\u201d<\/p>\n
Rebranding Initiative<\/u><\/p>\n