Snow Phipps Group has bought Ideal Tridon Holdings Inc., a manufacturer of stainless steel screws and clamps, from Industrial Growth Partners. Financial terms of the deal were not disclosed.
Ideal Tridon serves the industrial, heavy duty, plumbing, irrigation, marine and automotive end-markets with specialty clamps and worm gear tools. Worm gears, bolt and screw-like steel tools, are used in the industrial sector when high speed reduction ratios are needed for large machines such as conveyor systems and heavy duty trucks. The Smyrna, Tennessee-based target’s products are used for fastening and sealing a variety of items. The target also sells Ideal Tridon branded products original equipment manufacturers and replacement market warehouses and retail businesses.