POELLATH advises management of the ROSEN Group on sale to Partners Group
Hermann Rosen, founder of the ROSEN Group, has sold a majority stake in the company to Partners Group, one of the world’s leading private markets investment managers. Hermann Rosen will remain a member of the ROSEN Group’s board 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 subject to customary 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 marketing products and services for the inspection, diagnosis and monitoring of industrial plants for over 40 years. The company’s core business builds inspection equipment that is used to inspect pipelines for damage. In addition, the ROSEN Group provides software solutions that enable operators to determine the condition of their plants. The ROSEN Group operates in more than 120 countries in 25 locations and employs around 4,300 people worldwide, including the approximately 400 employees of New Ventures, who are not part of this transaction.
Partners Group is one of the world's leading private markets investment managers. Since 1996, the firm has invested USD200 billion globally in private equity, private real estate, private debt and private infrastructure on behalf of its clients. Partners Group strives to generate strong returns by investing in thematic growth trends, thereby realizing the potential of companies and investments.
Partners Group will work with the management of the ROSEN Group to leverage the company’s capabilities to expand into new areas and adjacent markets; this includes future energy sources, including new opportunities in the context of the energy transition, such as hydrogen pipelines.
POELLATH advised the management of the ROSEN Group on all legal aspects of the transaction with the following Munich-based team:
- Dr. Benedikt Hohaus (partner, management participation/private equity)
- Ida Süß (associate, management participation/private equity)
- Jan Lukas Jungclaus (associate, management participation/private equity)