Alantra advises Allied Power Group on the acquisition of EthosEnergy’s Generator division assets

Apr 2026

Buy-side advisory

New York – Alantra acted as exclusive buy-side advisor to Allied Power Group (“APG”), on the acquisition of the assets of EthosEnergy’s Generator division in Farmington, New Mexico.

The acquired generator division assets provide services including high-speed balancing, field and stator rewinding, and field services, enhancing APG’s technical offering and expanding its ability to deliver integrated maintenance, repair, and upgrade solutions across turbine and generator equipment.

The acquisition strengthens APG’s position as a full-service provider in the power generation market and supports its continued growth as an integrated platform serving customers across the lifecycle of rotating equipment assets.

This marks Alantra’s fifth power generation / rotating equipment transaction in the past 15 months, reinforcing its strong track record in the sector, including the sale of PowerParts Group to JLL Partners, the sale of TOPS Field Services to Capstreet, the sale of Turbine Services to EthosEnergy, and the sale of EthosEnergy to One Equity Partners.