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Coriant Buys Wescott to Expand Renewables and Offshore Services

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HIG Capital-backed Coriant has acquired Wescott, a UK-based provider of coatings, rope access, fire protection and asset integrity services. The deal strengthens Coriant's position in specialized industrial services across domestic and international markets. Wescott's established reputation in critical maintenance sectors made it an attractive target for the private equity-backed buyer looking to diversify its portfolio.

The acquisition specifically deepens Coriant's footprint in renewables, defense and marine segments. Wescott brings capabilities to support most major North Sea offshore wind operators, positioning the combined entity to capitalize on the growing offshore wind market. This move signals increasing private equity interest in companies that serve the energy transition infrastructure boom across European waters.

Wescott will maintain its existing brand and operational structure post-acquisition. The company's specialized skill set in high-risk maintenance work complements Coriant's broader industrial services strategy. Asset integrity services have become increasingly vital as aging offshore installations require ongoing maintenance and regulatory compliance.

The transaction reflects private equity firms targeting infrastructure service companies that benefit from long-term energy transition spending. Coriant gains immediate access to Wescott's client relationships and technical expertise in sectors expected to see sustained growth through 2030.