Announced
Synopsis
Partners Group, a private markets investment manager, agreed to acquire Rovensa, provider of specialty crop nutrition, protection and biocontrol products, from Bridgepoint, a private equity firm, for $1.1bn. "We have benefitted greatly from Bridgepoint's ownership since 2017 and our recent growth trajectory reflects this. However, with a growing global population, ambitious environmental targets, and health concerns, the agricultural sector remains essential and we believe its strategic importance ensures there are further exciting growth opportunities ahead. We are convinced that Partners Group, with its global presence and focus on entrepreneurial ownership, is the right partner with which to continue building Rovensa's platform and seize those opportunities. We look forward to working hand-in-hand with Partners Group's team in this next phase of growth and to corresponding to their trust in our project," Eric Van Innis, Rovensa Chief Executive Officer.
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