HIG Capital-backed United Flow Technologies, a platform to invest in the municipal and industrial water and wastewater market, completed the acquisition of Southwest Valve & Equipment, a manufacturer of water and wastewater valve and equipment. Financial terms were not disclosed. “We are very excited to partner with the Shape, EES, Newman Regency and Southwest Valve teams, all of whom represent market leaders in their respective regions throughout the United States. We believe that these outstanding companies will thrive as part of the UFT platform and be able to accelerate their long term growth and value creation plans,” Matt Hart, UFT CEO.