WJ Partners Acquires Power-Utility Products Co. (PUPCO)

USA Compression Partners Acquires J-W Power Company for Approximately $860 Million

January 13, 2026

Energy

USA Compression Partners LP (USAC) agreed to acquire J-W Power Company in an approximately $860 million transaction to expand its contract compression fleet and specialty manufacturing capabilities. The deal was completed with funding split between $430 million cash from its revolving credit facility and issuance of about 18.2 million common units. The combined platform adds more than 0.8 million active horsepower, bringing USAC’s fleet to around 4.4 million active horsepower across key US regions.

East Coast Power Acquires United Powerline Solutions

January 6, 2026

Utilities

East Coast Power (ECP), a portfolio company of A&M Capital Partners, has acquired United Powerline Solutions (UPS), a Haubstadt, Indiana–based provider of overhead distribution services for electric utilities across the Midwest. The add-on expands ECP’s geographic footprint, distribution services capabilities and storm-response capacity as the platform pursues nationwide growth amid grid modernization and infrastructure investment.

Windjammer Capital Acquires PDU Cables and Engineered Products Company (EPCO)

September 9, 2025

Manufacturing

Windjammer Capital completed the acquisition of PDU Cables and Engineered Products Company (EPCO) in partnership with management and the Lee family; terms were not disclosed. The deal creates a platform positioned to serve accelerating data center power needs and to expand into adjacent product and service offerings for electrical distributors, contractors, hyperscalers and enterprise customers.

WJ Partners-Backed PUPCO Acquires NAPAC

October 25, 2022

Industrial Services

WJ Partners supported its portfolio company Power-Utility Products Co. (PUPCO) in the acquisition of NAPAC, a master distributor of valves, flanges and fittings serving the waterworks and fire suppression markets. The add-on expands PUPCO's product offering and geographic footprint (adding Worcester, MA and Jacksonville, FL locations), complements prior 2022 add-on MIROC, and was financed by Fifth Third Bank; NAPAC will continue operating under its existing brand with Brian Wilbur remaining general manager.

Power-Utility Products Co. (PUPCO) Acquires MIROC

May 3, 2022

Manufacturing

Charlotte-based Power-Utility Products Co. (PUPCO), a WJ Partners portfolio company, acquired MIROC, a telecom components manufacturer and distributor based in Albuquerque, New Mexico. The add-on expands PUPCO's product offering into telecom components and provides geographic presence in the western United States; terms were not disclosed.

World Fuel Services Corporation Acquires PAPCO, Inc. and Associated Petroleum Products, Inc.

July 5, 2016

Oil & Gas

World Fuel Services Corporation completed the acquisitions of PAPCO, Inc. (Virginia Beach, VA) and Associated Petroleum Products, Inc. (Tacoma, WA). The acquisitions expand World Fuel's commercial and industrial fuel distribution capabilities and regional footprint across the United States, adding significant revenue and employee bases to its land segment operations.