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PwC Switzerland is pleased to announce the acquisition of ROSEN Group ("ROSEN"), a Swiss oil and gas asset inspection company, by Partners Group, a leading global private markets firm. PwC supported ROSEN with a wide array of sell-side Deals services, including Financial, Tax and Pensions due diligence, as well as Capital Markets Accounting Advisory Services, Tax and Legal structuring and SPA support.
Background
ROSEN is a Switzerland-based company that offers inspection and management services to ensure the integrity of energy transmission pipelines. As a global leader in this field, the company has 25 locations operating in more than 120 countries. Their primary service involves using advanced, precise sensors to detect defects such as corrosion and cracks in pipelines and identifying areas that require maintenance to prevent hazardous leaks. By doing this, ROSEN helps customers optimise pipeline throughput and extend the lifecycle of essential assets.
The Deal
The transaction is part of Hermann Rosen’s succession planning, concluding a process that was initiated about a year ago in the interest of all stakeholders of the Company. Together with his management team, Hermann Rosen examined strategic options to secure ROSEN's long-term success by ensuring stability while continuing to execute on its technology-empowered strategy that has delivered a track record of strong organic growth.
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.
The transaction was signed on 14 November 2023 and is subject to approval by the authorities. The transaction is expected to be completed in the first half of 2024.
The PwC team
Financial DD
- Frank Minder
- Devinder Singh
- Madison Frenette
- Tom Welleman
- Yao Jie Chen
- Julianna Mauro
Legal Structuring
- Michael Meyer
- Cécile Huerlimann
Tax DD, Structuring & Transfer pricing
- Matthias Marbach
- Matthias Ruesch
- Ariel Gruenewald
- Robert Fischer
- Samuel Cornu
- Florian Baderschneider
- Markus Anderruethi
- Marcel Wyrsch
- Kevin Roellin
- Sabine Boehm
- Edin Hrustanovic
Pension DD
- Ester Lamerikx
- Maribel Flores
- Rosaria Singarella
Capital Markets Accounting Advisory Services
- Delia Beyeler
- Selina Adatepe
- Fabian Weber