The Patrimonium Private Equity Fund SCSp (“Patrimonium”), advised by Patrimonium Private Equity Advisors AG, part of Patrimonium Asset Management AG, acquires a majority stake in the ROTH GROUP, the leading Swiss provider of structural fire protection, technical insulation and coating solutions. This lays the foundation for a seamless continuation of the ROTH GROUP’s successful business model. At the same time, the transaction creates synergies for both partners and the financial strength of Patrimonium allows for targeted investments in future growth. The parties have agreed not to disclose the purchase price.
Patrimonium acquires a controlling majority in the ROTH GROUP based in Gerlafingen (SO). The ROTH GROUP is a leading provider of structural fire protection, technical insulation and coatings, employs around 450 people and is represented in all parts of Switzerland with 14 subsidiaries at 11 locations. The transaction is an ideal addition to Patrimonium’s portfolio, as the Patrimonium Group’s many years of industry expertise in the real estate and construction-related sectors will enable significant synergy potentials to be realized.
Financial strength of Patrimonium enables long-term growth
Through significant projects in the public and private sectors, a first-class customer portfolio and an established network of real estate owners, architects and fire protection authorities, the ROTH GROUP has developed into one of the leading service providers in the industry. The ROTH GROUP’s core markets are attractive and rapidly advancing trends in the construction industry as well as increasingly strict regulatory and documentation requirements offer growth opportunities. With the support of Patrimonium, the ROTH GROUP is well positioned and ready to take advantage of growth opportunities that arise.
Return into Swiss hands and operational continuity
Patrimonium will acquire the shares of the ROTH GROUP from Equistone Partners Europe, a European private equity fund, while the existing minority shareholders, consisting of ROTH GROUP employees, will remain unchanged. The focus of Patrimonium and the strategy of the ROTH GROUP complement each other, particularly due to the profound market knowledge. Stefan Blaser, CEO of the ROTH GROUP, explains: “As a Swiss investor, Patrimonium is close to the local industry, knows the market players and circumstances and has great expertise in successfully implementing sustainable growth strategies. We are convinced that the change of ownership will bring us operational continuity, stability and further growth.”
Group structure remains unchanged
The change of ownership has no influence on the structure of the ROTH GROUP, as Kurt Hitz, Investment Director at Patrimonium Private Equity, confirms: “With its current set-up, the ROTH GROUP has the ideal prerequisites to be successful in this industry and to guarantee outstanding performance for its customers. Our focus is on solid financing and attractive long-term potential for all parties involved, which is what makes this partnership unique.”
About Patrimonium Asset Management AG
Patrimonium Asset Management AG (PATRIMONIUM) is a Swiss independent alternative investment management company regulated by the Swiss Financial Markets Authority (FINMA).
PATRIMONIUM offers private market investment opportunities in real estate, private debt, private equity and infrastructure to Swiss qualified and international professional investors.
The group is mainly active in Germany, Switzerland and Austria. It employs over 60 professionals with offices in Lausanne, Zurich and Zug. PATRIMONIUM currently manages 3,2 bn CHF in assets.
About ROTH GROUP
With industry expertise on the track to success
The ROTH GROUP employs a total of around 450 people at locations throughout Switzerland. Interlinked competence in the three specialist areas of insulation, fire protection and coatings, well-trained employees and a corporate policy that is sustainable for people and the environment are what distinguish the company. Thanks to its commitment and excellent execution on site, the ROTH GROUP today carries out demanding projects throughout Switzerland in the public and private sectors and is one of the leading Swiss suppliers of insulation, fire protection and coatings. Further information: www.rothgruppe.ch
Patrimonium Asset Management AG: Werner Schnorf, Managing Director Private Equity, +41 58 787 00 00, firstname.lastname@example.org
Roth Group: Mr. Stefan Blaser, CEO, +41 32 674 45 45, email@example.com