Munich — Hermann Rosen, founder of the ROSEN Group, has sold a majority stake in the company to Partners Group, one of the world’s leading managers of private market investments. Hermann Rosen will remain on the board of the ROSEN Group and will reinvest in the company alongside Partners Group. The parties have agreed not to disclose the financial details of the transaction.
The closing of the transaction is still subject to the usual regulatory approvals and is expected to take place in the first half of 2024. POELLATH provided comprehensive legal advice to the management of the ROSEN Group in connection with the transaction.
As an innovation leader, the ROSEN Group, based in Stans (Switzerland), has been developing, producing and distributing products and services for the inspection, diagnosis and monitoring of industrial plants for over 40 years. In its core business, the company builds inspection devices that are used to inspect pipelines for damage. The ROSEN Group also offers software solutions that operators can use to determine the condition of their systems. The ROSEN Group operates in over 120 countries at 25 locations and employs around 4,300 people worldwide, including around 400 employees of the new ventures that are not part of the transaction.
The transaction is part of Hermann Rosen’s succession planning and concludes a process that was initiated around a year ago in the interests of all of the company’s stakeholders. Together with his management team, Herrmann Rosen examined strategic options in order to create the conditions for ROSEN’s long-term success.
Partners Group is a leading global private markets investment manager. Since 1996, the company has invested USD 200 billion worldwide in private equity, private real estate, private debt and private infrastructure on behalf of its clients. Partners Group seeks to generate strong returns by investing in thematic growth trends, thereby realizing the potential of companies and assets.
Partners Group will work with the management of ROSEN Group to leverage the company’s capabilities to expand into new areas and adjacent markets, including future energy sources, including new opportunities in the energy transition, such as hydrogen pipelines.
Consultant to the ROSEN Group: POELLATH
Dr. Benedikt Hohaus (Partner, Management Investments/Private Equity)
Ida Süß, LL.M. (UCLA) (Associate, Management Participations/Private Equity)
Jan Lukas Jungclaus, LL.M. (Stellenbosch) (Associate, Management Participations/Private Equity)