TruArc Sells Ideal Tridon to Nautic

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TruArc Partners has sold Ideal Tridon, a manufacturer of fastening, sealing, and support systems, to Nautic Partners.

Ideal Tridon’s products include hose clamps, pipe supports, couplings, fittings, and strapping that are used in supporting, securing, and connecting the movement of air, fluid, and electricity in industrial, commercial, and infrastructure applications. Company-owned brands include Ideal Clamp Products, Tridon Clamp Products, ZSI-Foster, and Clamp Srl.

Source: Ideal Tridon

Ideal Tridon’s customers include OEMs, distributors, and maintenance operations in the HVAC, plumbing, agriculture, automotive, and general industrial manufacturing sectors.

Ideal Tridon was founded in 1913 as Tridon Clamp Products and today is led by CEO Rick Stepien with a headquarters in Smyrna, Tennessee. The company operates manufacturing and distribution facilities across the United States in Tennessee, Michigan, Ohio, and California, as well as in Canada, Mexico, Germany, the United Kingdom, and China.

Source: Ideal Tridon

TruArc acquired Ideal Tridon from Industrial Growth Partners in August 2017. During its ownership term, Ideal Tridon completed ten add-on acquisitions including Advanced Couplings (2023), StrutTech fiberglass strut product line from Axium Composites (2024), Hydra-Zorb Company (2020), ZSi-Foster (2019), Clamp Srl (2018), and Campbell Fittings (2018).

“TruArc has been an outstanding partner in scaling our business. We believe the deep operational support and shared vision have positioned Ideal Tridon for continued success,” said Mr. Stepien.

“Ideal Tridon has delivered consistent growth through product innovation, operational excellence, and strategic acquisitions. We are proud of the strong foundation we’ve built alongside management and are excited to see the company continue its momentum with Nautic,” said John Pless, a co-managing partner at TruArc.

Ideal Tridon operates within the industrial fasteners industry, which has shown steady growth driven by infrastructure investment and demand for customized, engineered parts. According to a report by Grand View Research, the global industrial fasteners market alone was valued at $99 billion in 2024 and is projected to grow at a CAGR of 4.8% from 2025 to 2030, driven by investments in the construction sector and rising demand for industrial fasteners in the automotive and aerospace sectors.

“We are thrilled to partner with Ideal Tridon, a business with a strong leadership team, an outstanding reputation, and attractive growth potential. We look forward to supporting the next chapter of their success,” said Chris Pierce, a managing director at Nautic. “We are also excited to add another investment to our engineered products portfolio within Nautic’s Industrials group. We view Ideal Tridon as a great fit for our thematic focus in several engineered component subsectors including electrical products, flow control, and facility automation, with exposure to many of the high growth markets we proactively target.”

New York City-based TruArc (formerly Snow Phipps Group) makes equity investments of $50 million to $150 million in companies with EBITDA from $10 million to $50 million. Sectors of specific interest include specialty manufacturing and business services.

Nautic Partners is a middle-market private equity firm that invests in companies within the healthcare, industrial, and outsourced services sectors. Nautic targets majority equity investments ranging from $50 million to $400 million in companies with enterprise values between $100 million and over $1 billion. In October 2024, the Providence, Rhode Island-headquartered firm closed its latest fund, Nautic Partners XI LP, with $4.5 billion in limited partner commitments, surpassing its initial target of $3.75 billion.

Lincoln International and Harris Williams were the financial advisors to Ideal Tridon on this transaction.

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