Coriant

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Coriant - overview

Location

-, -, UK

Primary Industry

Business Support Services

About

Coriant, based in the UK, specializes in delivering comprehensive industrial and infrastructure maintenance services, focusing on optimizing operational efficiency and reliability for diverse sectors. Coriant is engaged in providing maintenance services that enhance operational continuity for industrial and infrastructure clients. The company was acquired by H. I.


G. Capital in 2024, although financial terms were not disclosed. Coriant operates primarily in the UK but also serves markets in Europe and North America. The total number of deals recorded is 1, with the most recent deal occurring on June 30, 2024.


Coriant Group specializes in providing comprehensive industrial and infrastructure maintenance services designed to deliver end-to-end solutions across various sectors. The company focuses on optimizing operational efficiency and maintenance reliability for its clients, addressing critical challenges such as equipment downtime and operational safety. Core offerings include maintenance management, asset integrity services, and tailored support solutions aimed at enhancing performance and sustainability in industrial operations. Serving a diverse clientele, Coriant’s customer base comprises industries such as manufacturing, energy, and transportation, where they play a vital role in ensuring seamless operational continuity.


Geographically, their services extend beyond the UK, reaching markets in Europe and select regions in North America, catering to a growing demand for robust maintenance solutions across various sectors. Coriant Group generates revenue primarily through B2B transactions, partnering with industrial and infrastructure firms to deliver maintenance services and solutions. The typical transaction structure involves long-term contracts that outline service agreements, ensuring consistent service delivery and support. Pricing plans may vary based on the specific solutions provided, encompassing both fixed and variable pricing depending on the scope of the services rendered.


Flagship offerings are designed to meet the precise needs of clients, leading to sustained business relationships and recurring revenue streams. The nuanced partnership approach allows Coriant to effectively cater to client requirements, reinforcing their market presence and driving revenue through tailored service offerings. Coriant plans to leverage the recent acquisition by H. I.


G. Capital to invest in the development of new maintenance solutions aimed at enhancing sustainability and operational efficiency within industrial sectors. The company is targeting expansion into additional markets in Europe and North America by the end of 2025. The funding from the acquisition will support the design and launch of these new products, facilitating the company's growth strategy and enhancing its service capabilities.


Current Investors

H.I.G. Capital

Primary Industry

Business Support Services

Sub Industries

Facilities & Maintenance Services

Website

www.coriantgroup.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Coriant - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedControl Valve Services Ltd-
BuyoutCompletedCoriant-

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