One Equity Partners has agreed to acquire United WELD Holdings, the parent company of EPIC Piping and its subsidiary BendTec, from fellow private equity firm Bernhard Capital Partners.

Financial terms of the private transaction were not disclosed. The companies expect the deal to close during the fourth quarter of 2026, subject to customary approvals and closing conditions.

Founded in 2014 and headquartered in Baton Rouge, LA, EPIC Piping manufactures and distributes customized, engineered piping systems for industrial infrastructure projects. Its end markets include power generation, liquefied natural gas, nuclear energy, data centers and other industrial applications.

EPIC operates a network of fabrication facilities across the U.S. and Middle East, employs approximately 2,000 people and has more than 1 million square feet of pipe fabrication capacity. Its offerings include pipe fabrication, structural pipe supports, supply chain integration, industrial blasting and coating and master distribution services.

Bernhard established EPIC as a greenfield investment and worked with its management team to develop the business into one of the world’s largest pure-play pipe fabrication platforms. EPIC later added BendTec, expanding the platform’s capabilities to include induction bending services.

“EPIC has been one of our defining investments and an important part of Bernhard’s story,” Bernhard Partner and Chief Investment Officer Mark Spender stated. “We are incredibly proud of what the team has accomplished and believe EPIC is well positioned for continued success.”

One Equity Partners Partner Ante Kusurin said EPIC is positioned to benefit from continued energy and infrastructure investment. He pointed to the company’s fabrication, procurement and delivery capabilities and the broader shift of pipe fabrication work from project sites to controlled manufacturing facilities.

EPIC CEO Remi Bonnecaze said One Equity Partners’ experience scaling specialized manufacturing, services and distribution businesses made the firm a suitable partner for EPIC’s next phase.

New York-based One Equity Partners focuses on middle-market investments in the industrial, healthcare and technology sectors across North America and Europe. The firm has completed more than 500 transactions since its 2001 founding.