Deloitte has entered into an agreement to acquire the Asset Performance Group (APG), an asset reliability consultancy based in Burlington, Ont., and Calgary, Alta.

APG helps companies in capital-intensive industries that want to maintain and improve the performance of physical assets, such as oil and gas.

“In [such] industries, equipment failure can have serious impacts on productivity, safety and the environment,” says Jurgen Beier, consulting, energy and resources leader at Deloitte Canada. So, “proper asset care [can] help prevent incidents and downtime.”