- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Bernhard Capital Partners sells Baton Rouge pipe fabrication business to NY Private Equity
Posted on 7/17/26 at 10:17 am
Posted on 7/17/26 at 10:17 am
quote:
Bernhard Capital Partners has sold a Baton Rouge pipe fabrication business to a New York based firm, marking the second time the private equity firm has sold a longtime portfolio company to the group.
New York based One Equity Partners will purchase United WELD Holdings, the parent company of Epic Piping, in a deal expected to close by the end of the year. Epic Piping CEO Remi Bonnecaze said in a release that One Equity Partners has the ability to scale the pipe fabrication business, which had been with Bernhard Capital Partners since 2014.
The companies did not disclose the financial terms of the sale. Steel fabrication and induction bending company BendTec has also been under United WELD Holdings’ umbrella since 2021.
LINK
What could go wrong.
8
Posted on 7/17/26 at 10:36 am to FlyingTigerBo
quote:
What could go wrong.
The quality of work is going to go to shite in record time
Posted on 7/17/26 at 10:38 am to Porter Osborne Jr
One PE firm to another.
Maybe if Jim were still alive.
Maybe if Jim were still alive.
Posted on 7/17/26 at 10:56 am to fightin tigers
quote:
Maybe if Jim were still alive.
Kids getting that cash out!
Posted on 7/17/26 at 10:59 am to FlyingTigerBo
Someone open a competitor. Everything private equity touches turns to shite.
Posted on 7/17/26 at 11:02 am to fightin tigers
Oops, anytime I hear PE I just assume the product will get worse
Posted on 7/17/26 at 11:20 am to FlyingTigerBo
PE selling to PE. Normal business life cycle
Posted on 7/17/26 at 11:27 am to FlyingTigerBo
Maybe it will generate some NIL $
Posted on 7/17/26 at 12:44 pm to billjamin
quote:
PE selling to PE. Normal business life cycle
Bernhard wasn’t your classic P.E. They were more of a conglomerate, although they probably were treated as P.E. for tax purposes. I had a little exposure to them when they tried to buy our company. They pitched their synergies and political connections, all of which I think were legitimate.
Posted on 7/17/26 at 2:12 pm to Penrod
quote:
Bernhard wasn’t your classic P.E. They were more of a conglomerate, although they probably were treated as P.E. for tax purposes.
This is meaningless. They’re very much a traditionally structured private equity investment manager.
Posted on 7/17/26 at 2:16 pm to Mo Jeaux
quote:
This is meaningless. They’re very much a traditionally structured private equity investment manager.
I said so. But Bernhard Capital put together their pieces into a conglomeration that worked together. most P.E. doesn’t operate that way. Most will have complimentary businesses look out for one another, but for BCP this was their strategy.
Posted on 7/17/26 at 2:22 pm to Penrod
quote:
I said so.
No you didn’t.
quote:
But Bernhard Capital put together their pieces into a conglomeration that worked together. most P.E. doesn’t operate that way. Most will have complimentary businesses look out for one another, but for BCP this was their strategy.
I don’t know what any of this means. They’re a private equity investment manager, no different than most other private equity investment managers. They’re not “treated as private equity for tax purposes” whatever the hell that is supposed to mean. Their Form ADV is publicly available.
Posted on 7/17/26 at 2:27 pm to Penrod
quote:
They pitched their synergies and political connections
That’s pretty bread and butter PE
Posted on 7/17/26 at 3:12 pm to Penrod
quote:
But Bernhard Capital put together their pieces into a conglomeration that worked together.
Like a pipe division
Public utilities
HVAC planner
Facilities maintenance
They have in each group but are disconnected like most
Posted on 7/17/26 at 3:57 pm to fightin tigers
quote:large General Contractor
a pipe division
Public utilities
HVAC planner
Facilities maintenance
large A/E design firm
...there's a trend forming here if you're paying attention
This post was edited on 7/17/26 at 4:00 pm
Posted on 7/17/26 at 4:01 pm to FlyingTigerBo
Same company they sold their half of Brown & Root to
This post was edited on 7/17/26 at 6:10 pm
Posted on 7/17/26 at 4:03 pm to Duckhammer_77
If you throw out the outliers you are correct.
Unfortunately those outliers exist so you have to include them.
Unfortunately those outliers exist so you have to include them.
Posted on 7/17/26 at 5:21 pm to FlyingTigerBo
quote:TWSS
Epic Piping
Posted on 7/17/26 at 5:30 pm to Mo Jeaux
You are too combative to understand what you're being told.
Posted on 7/17/26 at 5:31 pm to billjamin
quote:
That’s pretty bread and butter PE
I regularly invest alongside PE. It's quite different from most.
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News