Partners Group to Acquire Rosen Group Amid Growing Demand for Energy-Assets Inspections
By Mauro Orru
Partners Group Holding agreed to acquire Rosen Group, a provider of inspection services for energy-infrastructure assets, to meet growing demand for checks amid increasing regulatory pressure.
The Swiss private-equity firm said Tuesday that it would buy Rosen Group from its founder, Hermann Rosen, who will remain a significant partner following the acquisition, for which the companies didn't disclose financial terms.
Switzerland-based Rosen provides inspection and integrity management services for energy transmission pipelines, operating from 25 locations and covering more than 120 countries.
Completion of the deal is subject to customary regulatory approvals.
Write to Mauro Orru at mauro.orru@wsj.com
(END) Dow Jones Newswires
November 14, 2023 08:37 ET (13:37 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
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