A securement device for a press tool including an angular exterior body having a side wall. A multitude of ratcheting bodies are located around a top edge of the exterior body. The ratchets include a ratchet bar. The ratchet bar has a plurality of ratchet grooves that allow the ratchet bars to be slide inward toward the interior of the exterior body and to be locked into place. An interior body is located within the exterior body such that it can be moved about and provide extra support for the ratchets.