TruArc Partners has sold Ideal Tridon to Nautic

Ideal Tridon

Ideal Tridon Group (Ideal) is a global leader in engineered components, including clamps, brackets, fittings, industrial hose connections and flow control components that support, secure and connect air, fluid and electrical systems. With more than 60,000 SKUs, Ideal offers the industry’s broadest portfolio of engineered components under a family of trusted brands. The company serves over 20,000 customers globally, including blue-chip OEMs and distributors across the commercial, industrial, infrastructure and transportation end markets. Headquartered in Smyrna, TN, Ideal operates a global manufacturing and distribution footprint with facilities across North America, Europe and Asia. For additional information, please visit www.idealtridon.com.

The Deal

During TruArc’s ownership, Ideal achieved meaningful growth through investments in its leadership team, expansion of its global manufacturing footprint, enhancements to commercial capabilities and the successful execution of a targeted mergers and acquisitions strategy, leading to product and applications expansion. The company is excited to continue its growth trajectory with Nautic Partners, which plans to invest further in product innovation, strategic channel development and additional acquisition opportunities.

John Pless, Managing Partner at TruArc Partners, commented, “Lincoln International was highly engaged in finding a partner that could support Ideal Tridon’s continued growth through strategic investment and operational insight. We’re confident Nautic is the right partner and look forward to watching them support the company’s continued success. We believe this transaction marks a successful outcome for all stakeholders, and we’re grateful to the Ideal team for their partnership and commitment throughout our investment.”

Rick Stepien, CEO of Ideal Tridon, added, “We’re proud of what we accomplished with TruArc and appreciate their support in building a stronger, more agile platform. The Nautic team understood our business from day one, and we’re excited to partner with them to pursue the next phase of growth. This transaction reflects the strength of our team, strategy and long-term vision to be the leader in engineered solutions that support, secure and connect critical infrastructure in facility, mobility and industrial markets across the globe.”

Our Perspective

Eric Malchow and Brian Goodwin, Lincoln International Managing Directors who led the transaction, said, “This transaction brought together an excellent industrial platform with a highly engaged buyer in Nautic Partners. We’re pleased to have helped deliver a strong outcome for TruArc and Ideal, and we look forward to seeing the company continue its momentum under new ownership.”

TruArc Partners

TruArc Partners is a private equity firm focused on middle market control investments. TruArc focuses on companies in attractive sub-sectors across specialty manufacturing and business services. The TruArc investment team collaborates with its operating partners and portfolio management teams to create value through a transformational growth strategy led by organic or acquisition-driven growth. To learn more about TruArc, please visit: www.truarcpartners.com.

Nautic Partners

Nautic Partners is a Providence, RI-based private equity firm with over $9 billion of equity capital under management that focuses on investments in middle market companies across the industrials, healthcare and services sectors. The firm has completed more than 150 platform transactions throughout its 35-year history. For additional information, please visit www.nautic.com.

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