HIG Capital-backed United Flow Technologies completed the acquisition of Kodru-Mooney, Macaulay Controls and Iowa Pump Works.

HIG Capital-backed United Flow Technologies, a platform to invest in the municipal and industrial water and wastewater market, completed the acquisition of Kodru-Mooney, a provider of valve, gate, and actuation equipment and services, Macaulay Controls, a water and wastewater services company, and Iowa Pump Works, a technical distributor and service provider of pumps. Financial terms were not disclosed. “We are thrilled to welcome Kodru-Mooney, Macaulay, and Iowa Pump Works to the UFT team. As market leaders within their respective geographies, with complementary products and services, these businesses are a natural fit for the UFT platform. We are excited to work with these outstanding leadership teams to accelerate their long-term growth and value creation plans,” Matt Hart, UFT CEO.