Greenwich, Connecticut, March 9, 2023 – The Silverfern Group, an investment management firm making direct investments in middle market private equity globally, today announced that it has completed the exit of its investment in APR Energy, following the sale of remaining shares received in the Company’s February 2020 acquisition by Atlas Corporation.
APR Energy is a global leader in specialized energy solutions. It is the second largest global provider of turnkey power generation solutions for temporary and standby/emergency use, and the largest global provider of turnkey turbine power generation. APR helps ensure people have access to reliable and efficient energy when and where they need it most. Silverfern invested in the take private and recapitalization of APR Energy in 2015 in partnership with ACON Equity Management, LLC and Fairfax Financial Holdings Limited.
Following completion of the exit, Silverfern Managing Partner Clive Holmes commented “The APR Energy investment demonstrates Silverfern’s unique ability to source attractive investment opportunities, having previously invested in the acquisition of APR Energy in 2011 in partnership with Soros Fund Management ahead of its London Stock Exchange listing in 2012. We are proud to have contributed to the ongoing strength and growth of APR Energy as part of Atlas Corporation.”
About APR Energy
APR Energy is a global leader in specialized energy solutions. It has a proven history of successfully executing, owning, and managing short and long-term projects across a wide spectrum of energy technologies in over 35 countries since 2004. Since 2020 APR Energy has been part the Atlas Corporation. Company website: www.aprenergy.com
Silverfern is a global middle-market investment management firm. From its offices in Greenwich and Sydney, its experienced, cohesive team of senior investment professionals makes investments in global middle-market private equity. Targeting $15 million to $25 million equity per investment in partnership with qualified local investment partners, whom we select for their specific industry knowledge and local market experience, Silverfern seeks to invest in buyouts, build-ups, acquisitions, growth equity and recapitalizations worldwide. Additional information is available at www.silfern.com
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