Ideal Tridon acquires ZSiFoster
Ideal Tridon Holdings, a portfolio company of Snow Phipps Group, has completed the acquisition of ZSiFoster Acquisition Corporation from Pfingsten Partners.
Terms of the transaction were not disclosed.
Headquartered in Canton, Michigan, ZSi-Foster is a specialty manufacturer and supplier of pipe, hose and conduit support and fastening solutions including clamps, strut and strut fittings, and hydraulic and pneumatic hose fittings, across a diverse range of end markets. Combining Ideal Tridon’s broad portfolio of specialty clamp and fitting products with ZSi-Foster will allow both companies to bring more solutions to their customers, delivered with the highest level of service, engineering support and quality, according to a press release announcing the acquisition.
The ZSi-Foster management team will continue to hold key positions within the combined company.
“We are extremely excited that ZSi-Foster is now part of the Ideal Tridon family,” said Michael Reese, CEO of Ideal Tridon. “Both Ideal and ZSi-Foster have long track records of providing highly engineered products and differentiated service to their customers. We expect to deepen our customer relationships with a more expansive product offering, delivered with the high level of quality and servicethey expect from us.”
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