#USA #Baton Rouge #Bernhard Capital #One Equity Partners #EPIC Piping

Bernhard Capital Partners Completes Sale of EPIC Piping

Bernhard Capital Partners, an investment firm focused on infrastructure and services, has made headlines by announcing the sale of United WELD Holdings, which encompasses EPIC Piping and BendTec, to One Equity Partners. This transaction symbolizes a major transition for Bernhard, as it continues to influence the landscape in pipe fabrication and distribution.

Founded to serve essential sectors, Bernhard has been an integral partner in transforming EPIC Piping into a leading name within the global pipe fabrication industry. EPIC Piping stands out as a premier provider for critical infrastructure, energy, and industrial markets, boasting an impressive history and operational expertise. Throughout its journey, Bernhard played a vital role in expanding EPIC, aiding in its emergence as one of the largest dedicated pipe fabrication platforms worldwide. Under Bernhard’s guidance, EPIC has significantly enhanced its capabilities, especially following the acquisition of BendTec and the incorporation of advanced induction bending technology, which enables EPIC to offer an even wider range of services to its customers globally.

Remi Bonnecaze, the CEO of EPIC, commended the collaboration with Bernhard, stating, “Since our founding, Bernhard has been much more than an investor—they've been a true partner in building this business.” This sentiment reflects the firm’s unwavering support and vision shared with EPIC from its inception. The partnership has laid a solid foundation, making EPIC well-equipped for future growth amid evolving industry challenges.

Mark Spender, a Partner and Chief Investment Officer at Bernhard, expressed the significance of this transaction, noting, “EPIC has been one of our defining investments and an important part of Bernhard's story.” This is reflective of the firm’s deep-rooted background in pipe fabrication, giving them a distinct advantage and understanding of the industry dynamics.

The deal is expected to be finalized by the fourth quarter of 2026, pending standard closing requirements and approvals. Kirkland & Ellis LLP will serve as legal counsel for Bernhard throughout this transition, ensuring that all regulatory obligations are met efficiently.

With over $6 billion in assets, Bernhard Capital Partners remains dedicated to investing in complex and highly regulated markets, leveraging their extensive knowledge and experience. The culmination of Bernhard’s investment with EPIC is a testament to their commitment to building competitive, market-leading platforms that serve growing demands across various sectors.

As EPIC Piping embarks on this new chapter under One Equity Partners, the expectations for continued growth and innovation remain high. This sale not only highlights Bernhard’s strategic vision but also sets the stage for EPIC to extend its reach and capabilities further in the global market. As the landscape of the pipe fabrication industry continues to evolve, both Bernhard and One Equity Partners are looking forward to fostering advancements and addressing future challenges effectively.