Partners Group to acquire ROSEN Group

• ROSEN is based in Stans, Switzerland
• Hermann Rosen will remain a significant partner alongside Partners Group
• Partners Group is a global private markets firm

Partners Group has agreed to acquire ROSEN Group, a global inspection service provider for energy infrastructure assets, from its founder Hermann Rosen.

Stans, Switzerland-based ROSEN’s core service involves sending high-tech, precision sensors through pipelines to detect corrosion or minor cracks and identifying risk areas where maintenance is required and recommended. It derives most of its revenues from natural gas.

Hermann Rosen will remain a significant partner alongside Partners Group.

Partners Group will work with management to leverage ROSEN’s existing capabilities to expand into future energy sources, including new energy transition opportunities such as hydrogen transportation pipes, as well as into adjacent markets,  according to a release.

“The company has strong recurring revenues from a large, diverse, and regulated asset base,” said Charles Miller-Jones, MD, Partners Group. “ROSEN is well-positioned to capitalise on the tailwinds in the sector and we have conviction in its growth prospects.”

The key value creation initiatives will include continued investment in technological innovation, R&D and capex, further adoption of automation and AI to drive data analysis, and the introduction of operational excellence initiatives, the release said.

The transaction is subject to regulatory approvals.

Partners Group is a global private markets firm with $142 billion in assets under management as of 30 June. It has regional headquarters in Baar-Zug, Switzerland.