Coriant, backed by HIG Capital, has completed its fourth add-on acquisition by buying Control Valve Services, a UK-based provider of industrial valve maintenance. The combined group’s revenue now reaches £200 million, reflecting strong demand for infrastructure upgrades as aging assets and energy transition efforts drive sector growth. HIG principal Adam Taylor highlighted tightening regulations and operator preferences for specialized partners, creating opportunities for consolidation in this fragmented market. Coriant aims to build a comprehensive maintenance offering through strategic acquisitions across the UK and Europe.

Level 20’s CEO Gurpreet Manku reported progress in private equity diversity: 27% of UK investment professionals are now women, up from 24% in 2023, with female representation in senior roles rising to 15%. While cultural and structural barriers persist, family leave policies and mentorship programs are improving retention. Level 20’s mentorship initiative sees 85% of participants staying in the industry, with 80% promoted at least once. The industry’s apprenticeship model means sustained effort is needed to elevate women into leadership.

In water treatment, EQT acquired a 42% stake in Kelda Holdings, owner of Yorkshire Water, which serves 5.5 million UK customers. Ambienta also secured a majority stake in Italy’s PIECO, an industrial water recycling firm. These moves align with global investments in water infrastructure, as regulatory pressures and sustainability goals accelerate demand for treatment technologies and life-extension projects.