Kirkland Counsels Ideal Tridon in Acquisition by Snow Phipps Group

Kirkland & Ellis LLP advised Ideal Tridon on its acquisition by Snow Phipps Group from Industrial Growth Partners (IGP), which Kirkland also advised. Terms of the transaction were not disclosed. Headquartered in Smyrna, Tenn., Ideal Tridon is a leading global engineering solutions designer and manufacturer of stainless steel worm gear and specialty clamps and couplings for industrial, heavy duty, plumbing, irrigation, marine and automotive applications. Snow Phipps will partner with the existing Ideal Tridon management team led by CEO Michael Reese.  Snow Phipps Operating Partner Jay Twombly will join Ideal Tridon as the non-executive Chairman of the Board of Directors.  Kirkland previously represented IGP in its acquisition of Ideal Tridon. The full release can be found here.

The Kirkland team was led by corporate partners Hamed Meshki and Luke Guerra and included corporate associate Michele Cumpston; debt finance partner Nisha Kanchanapoomi; tax partner Angela Russo; executive compensation associates Ian Sherwin and Laura Gallo; employee benefits partner Matt Antinossi and associate Scott Vail; labor and employment partner Matt Keiser and associate Bryan O’Keefe; environmental transactional partner Paul Tanaka and associate James Dolphin; real estate partner Roberto Miceli; technology & IP transactions partner Matt Lovell; international trade and national security partner Mario Mancuso and associate Diego Ortega; antitrust partner Mike Thorpe; and mergers and acquisitions clearance specialist Mollie Tuomisto. Summer associate Ike Ikeme also provided assistance on the transaction.