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First Reserve Acquires Ap4 Group

PRIVATEDec 19, 2023

Acquiring Company

First Reserve

Acquired Company

AP4 Group

StamfordLakelandInvestment ManagementUtilities

Description

First Reserve, a leading global private equity investment firm exclusively focused on investing across diversified energy, infrastructure, and general industrial end-markets, today announced it has acquired AP4 Group LLC ("AP4" or the "Company"), a global full-service provider of critical power plant and turbomachinery maintenance services. Financial terms of the transaction were not disclosed.

Quick answer

First Reserve is acquiring AP4 Group, announced December 19, 2023. First Reserve is based in Stamford, Connecticut, United States.

How much did First Reserve pay for AP4 Group?
The deal value was not disclosed.
What does First Reserve do?
First Reserve is a leading global private equity investment firm exclusively focused on energy.
Where are First Reserve and AP4 Group based?
First Reserve is based in Stamford, Connecticut, United States. AP4 Group is based in Lakeland, Florida, United States.
Who are the decision-makers at First Reserve?
Fundz holds 1 contact at First Reserve. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Investment Management and Utilities

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Company Information

Company

First Reserve

Location

Stamford, Connecticut, United States

About

First Reserve is a leading global private equity investment firm exclusively focused on energy. With 40 years of industry insight, investment expertise and operational excellence, the Firm has cultivated an enduring network of global relationships and raised more than USD $32 billion of aggregate capital since inception. First Reserve has completed over 750 transactions (including platform investments and add-on acquisitions), creating several notable energy companies throughout the Firm’s history. Its portfolio companies have operated on six continents, spanning the energy spectrum from upstream oil and gas to midstream and downstream, including resources, equipment and services, and associated infrastructure.

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Frequently asked

Who acquired AP4 Group?

AP4 Group was acquired by First Reserve, based in Stamford. The deal was reported on December 19, 2023. First Reserve is a leading global private equity investment firm exclusively focused on energy. First Reserve is privately held and operates in Investment Management.

When did First Reserve acquire AP4 Group?

First Reserve's acquisition of AP4 Group was reported on December 19, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does AP4 Group do?

AP4 Group is a leading global aftermarket provider of critical power plant and turbomachinery maintenance services for the power and energy industry. AP4 offers a full suite of high-quality parts, services, and cybersecurity solutions. It is privately held, operating in Utilities, and is based in Lakeland.

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