Bernhard Capital Partners has completed the sale of United WELD Holdings, the parent company of EPIC Piping and Bend Tec, to One Equity Partners. The deal, terms of which were not disclosed, marks the realization of all investments from Bernhard’s inaugural fund, which launched in 2014. Headquartered in Baton Rouge, Louisiana, EPIC Piping is described as one of the world’s largest pure-play pipe fabrication platforms, serving critical infrastructure, energy, and industrial markets globally.
Under Bernhard’s ownership, the company expanded its capabilities, notably through the acquisition of Bend Tec, which added induction bending to its service offerings. Mark Spender, partner and chief investment officer at Bernhard, credited the growth of the platform to the dedication of EPIC’s team and a shared focus on quality and execution. The firm’s Fund I also included investments in Brown & Root Industrial Services, ENFRA, and Atlas Technical Consultants, all of which have now been realized with the closing of this transaction.
Source: PE Hub · Summarized by HeadlinesBriefing