“Acquisitions such as this demonstrate Deloitte’s commitment to providing integrated services that help our clients respond to the most significant challenges and opportunities facing their business,” said Jurgen Beier, Consulting, Energy & Resources Leader at Deloitte Canada. “By adding leading asset reliability engineering and performance management services to our Operations Excellence practice, Deloitte will be better equipped to meet the operational needs of our energy and resources clients.”

APG helps companies, specifically in wide range of capital-intensive industries within energy and resources, maintain and improve the performance of physical assets, such as processing plants by using proven methods to analyze, quantify and deliver better equipment performance and financial results.

“In capital-intensive industries such as oil and gas, equipment failure can have serious impacts on productivity, safety and the environment,” Beier said. “Proper asset care not only helps prevent incidents and downtime, it also improves asset utilization, reduces maintenance costs and strengthens environmental stewardship of natural resources.”

The demand for reliability services has grown in recent years, as companies put greater emphasis on maximizing the value of their capital investments.

“The team from APG will continue to build on the foundation we’ve established as a market leader in asset reliability,” said Sherry Revesz, Principal and Founder, Asset Performance Group. “By combining our expertise with Deloitte’s suite of operational excellence services, we will be able to offer clients a more comprehensive, end-to-end set of services.”

As APG joins Deloitte, this marks the firm’s sixteenth transaction in the last 5 years, demonstrating the importance of acquisitions and alliances to the firms overall growth strategy. Led by Partner, Alexandre Baril, Deloitte’s Corporate Development Office is committed to actively supporting merger, acquisition and alliance initiatives that align with the firm’s commitment to client service excellence.

About Deloitte
Deloitte, one of Canada’s leading professional services firms, provides audit, tax, consulting, and financial advisory services. Deloitte LLP, an Ontario limited liability partnership, is the Canadian member firm of Deloitte Touche Tohmatsu Limited. Deloitte operates in Quebec as Deloitte s.e.n.c.r.l., a Quebec limited liability partnership.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.

Upcoming Events

August 9 - August 11 2022

MaximoWorld 2022

View all Events
banner
80% of Reliabilityweb.com newsletter subscribers report finding something used to improve their jobs on a regular basis.
Subscribers get exclusive content. Just released...MRO Best Practices Special Report - a $399 value!
DOWNLOAD NOW
Conducting Asset Criticality Assessment for Better Maintenance Strategy and Techniques

Conducting an asset criticality assessment (ACA) is the first step in maintaining the assets properly. This article addresses the best maintenance strategy for assets by using ACA techniques.

Harmonizing PMs

Maintenance reliability is, of course, an essential part of any successful business that wants to remain successful. It includes the three PMs: predictive, preventive and proactive maintenance.

How an Edge IoT Platform Increases Efficiency, Availability and Productivity

Within four years, more than 30 per cent of businesses and organizations will include edge computing in their cloud deployments to address bandwidth bottlenecks, reduce latency, and process data for decision support in real-time.

MaximoWorld 2022

The world's largest conference for IBM Maximo users, IBM Executives, IBM Maximo Partners and Services with Uptime Elements Reliability Framework and Asset Management System is being held Aug 8-11, 2022

6 Signs Your Maintenance Team Needs to Improve Its Safety Culture

When it comes to people and safety in industrial plants, maintenance teams are the ones who are most often in the line of fire and at risk for injury or death.

Making Asset Management Decisions: Caught Between the Push and the Pull

Most senior executives spend years climbing through the operational ranks. In the operational ranks, many transactional decisions are required each day.

Assume the Decision Maker Is Not Stupid to Make Your Communication More Powerful

Many make allowances for decision makers, saying some are “faking it until they make it.” However, this is the wrong default position to take when communicating with decision makers.

Ultrasound for Condition Monitoring and Acoustic Lubrication for Condition-Based Maintenance

With all the hype about acoustic lubrication instruments, you would think these instruments, once turned on, would do the job for you. Far from it!

Maintenance Costs as a Percent of Asset Replacement Value: A Useful Measure?

Someone recently asked for a benchmark for maintenance costs (MC) as a percent of asset replacement value (ARV) for chemical plants, or MC/ARV%.