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.-
What’s Happening in the Markets This Week
-
Worst-Performing Stock ETFs of the Quarter
-
Q3 in Review and Q4 2024 Market Outlook
-
Top-Performing Stock ETFs of the Quarter
-
September Jobs Report Forecasts Show Moderate Hiring Gains
-
Port Strike a Headache for Shippers but a Potential Tailwind for Certain US Transport Stocks
-
13 Charts on Q3′s Roller-Coaster Rally for Stocks and Bonds
-
5 Stocks to Buy Instead of Overpriced US Equities
-
Consumer Defensives: Despite Angst, Thirsty Investors Have Names to Pursue
-
Industrials: Many Stocks Overvalued After Q3 Outperformance
-
Basic Materials: Despite Index Rise, We See Multiple Long-Term Opportunities
-
What the Election Could Mean for Big Tech Stocks
-
3 Lessons From Recent Stock Market Drama
-
Consumer Cyclicals: Even Amid Moderating Consumer Spending, We See Discounts
-
Healthcare: Valuations Look Fair Overall, With Select Industries Still Undervalued
-
Utilities: Falling Interest Rates, Growth Outlook Boosting Stocks