ALS Group Assists with Due Diligence for APR Energy’s Acquisition of GE’s Power Rental Business

EDISON, N.J. - Nov. 7, 2013 - PRLog -- November 4, 2013

Release Date: Immediate

EDISON, N.J. (November 2013)— The ALS Group (ALS), an independent insurance and risk management consulting firm, announces that APR Energy has completed due diligence for its acquisition of General Electric Company’s power rental business. The ALS Group provided valuable assistance to APR Energy as one of the many consultants providing support on the transaction.

Commenting on The ALS Group’s contribution to the acquisition, APR Energy’s CEO John Campion said:  “The ALS Group has been a long-time advisor to APR; their innovative and strategic approach to risk mitigation has been an important part of APR’s overall business strategy.  The ALS team immediately understood that this was a transformational transaction for APR Energy, one that would allow us to move rapidly towards delivering our stated medium-term business objectives.  They helped to identify the key insurance risks to APR during the transaction and provided us with the information needed to address these risks in order to help prevent any negative financial impact on our organization.”

The acquisition and strategic alliance makes APR Energy the world’s leading fast-track mobile gas turbine power provider, expanding its reach into new regions and increasing its mobile turbine power capacity to 1.2 Gigawatts – enough to power the equivalent of 1.2 million US homes.

ABOUT THE ALS GROUP

The ALS Group is an independent insurance and risk management consulting firm located in Edison, NJ.  The ALS Group has provided fee based advice since 1994 and does not sell insurance, take commissions or offer any brokerage services. Visit www.thealsgroup.com, or call (732)395-4250 for more information.