Industrial Growth Partners has sold Ideal-Tridon to Snow Phipps Group

Lincoln International (“Lincoln”), a leading global mid-market investment bank, is pleased to announce that Industrial Growth Partners has sold Ideal-Tridon (the “Company”) to an affiliate of Snow Phipps Group. Terms of the transaction were not disclosed.

Ideal-Tridon, headquartered in Smyrna, Tennessee, is a global designer and manufacturer of engineered joining and fastening products, with a leading position in the North American clamp market. Supported by deep engineering and application expertise, Ideal-Tridon focuses on providing solutions for the plumbing, construction, bus and truck, marine, agriculture, automotive and general industrial markets. The Company has a global footprint of eight facilities spanning five countries on three continents and maintains deep relationships with a highly diverse blue-chip customer base of more than 3,000 OEM and aftermarket customers.

Lincoln and Fidus Partners acted as the exclusive investment banking representatives for Industrial Growth Partners and Ideal-Tridon, working closely with the Company’s management team and shareholders throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction.

  • 2017
    Close Year
  • Industrials
    Industry
  • Private Equity
    Client Type
  • Financial | Domestic
    Transaction Type
  • USA
    Countries

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