PMC Capital Partners Acquires UniversalPegasus International from Huntington Ingalls Industries

The Partner Companies Acquires UPG from Turnspire Capital Partners

February 27, 2023

Manufacturing

Turnspire Capital Partners announced that an affiliate has sold portfolio company UPG Company, LLC (UPG) to The Partner Companies, LLC. UPG is a Houston-based designer, manufacturer and assembler of engineered, mission‑critical components serving data center, healthcare, energy and diversified industrial end markets; terms were not disclosed. UPG operates facilities in Houston, Wales (United Kingdom) and Suzhou (China).

Capital Partners Acquires Majority Stake in Universal Woods

March 15, 2019

Building Products

Capital Partners Private Equity Income Fund III, LP completed a majority-equity investment in Universal Woods on March 15, 2019, partnering with CEO and long-time shareholder Paul Neumann and management. The investment will provide Universal Woods — a Louisville-based manufacturer of hard-surface coated substrates for image sublimation and mezzanine decking — with additional resources to support growth, new product development and hiring; debt financing was provided by PNC.

UFP Technologies Acquires Universal Plastics & Engineering (UNIPEC) and Techno Plastics Industries (TPI)

July 29, 2025

Medical Devices

UFP Technologies, Inc. (Nasdaq: UFPT) acquired Universal Plastics & Engineering Company, Inc. (UNIPEC) of Rockville, Maryland, and Techno Plastics Industries, Inc. (TPI) of Añasco, Puerto Rico to expand its film and thermoplastic molding capabilities for the medical device market. UNIPEC (≈$5M revenue, $2M EBITDA) and TPI (≈$10M revenue, $1M EBITDA) will bolster UFP's thin-film and injection-molding capacity for implantable and other high-barrier medical applications; the deals were financed with cash and borrowings under UFP's credit facility.

UPSTACK Acquires Universal Telecommunications and Universal Solutions Providers

April 7, 2022

IT Services

UPSTACK acquired Universal Telecommunications Inc. and sister company Universal Solutions Providers LLC (together, "Universal, the Communications Company") to expand its internet infrastructure advisory and managed services capabilities. Universal's owner Mervyn Gervis will join UPSTACK as a Partner, and Universal's leadership will take senior roles within the combined organization; financial terms were not disclosed.

E78 Partners Acquires Global PMI Partners USA

December 7, 2023

Consulting

E78 Partners, a private-equity-focused business advisory firm based in Oak Brook, Illinois, has acquired Global PMI Partners USA (GPMIP USA), a consultancy specializing in post‑merger integration (PMI) services. The deal brings GPMIP USA's founders and PMI capabilities into E78's service offering to expand its M&A lifecycle solutions for private equity sponsors and enterprise clients in the U.S. and Canada.

Pelican Energy Partners Acquires United Services Group

March 10, 2025

Energy

Houston-based private equity firm Pelican Energy Partners has acquired United Services Group, a Charlotte-based full-service welding, machining, and fabrication contractor serving utilities and power generators. The deal expands Pelican's portfolio in the energy services sector and will support USG's continued growth across nuclear, fossil, natural gas, solar, and petrochemical markets.