Crossplane Capital Recapitalizes Hynes Industries

Crossplane Capital Acquires TransAxle LLC

January 7, 2020

Industrial Services

Dallas-based private equity firm Crossplane Capital has acquired TransAxle LLC, a Cinnaminson, New Jersey-based national remanufacturer and distributor of heavy-duty truck drivetrain components. Crossplane said it will work with TransAxle's management to expand the company's national market presence, product offering and continue investing in its remanufacturing and distribution capabilities.

Turnspire Capital Partners Acquires Hines Specialty Vehicle Group (Crane Carrier)

January 3, 2019

Manufacturing

Turnspire Capital Partners has acquired the specialty vehicle group of Hines Corporation and launched Crane Carrier Holdings, LLC to operate the business. The acquired assets — including Crane Carrier Company and CyKlone Mixers (with Kimble Technology) — are headquartered in New Philadelphia, Ohio and will remain led by President and CEO Randy Rollins, with management retaining meaningful ownership stakes.

Crossplane Capital Takes Controlling Interest in Accent Family of Companies

September 19, 2019

Industrial Services

Dallas-based private equity firm Crossplane Capital partnered with the Sims family and Accent management to acquire a controlling equity stake in the Accent Family of Companies. Accent, headquartered in Tomball, Texas, is a value-added distributor of baling wire, wire ties, wire tier machines and a regional supplier of steel building materials; Crossplane said the investment will support the company's next phase of growth and infrastructure investment.

Crossplane Capital Acquires Hunter Leasing

April 8, 2022

Industrial Services

Dallas-based private equity firm Crossplane Capital has completed the acquisition of Hunter Leasing, the blast-resistant building (BRB) rental division carved out from Hunter Buildings. Crossplane partnered with Hunter Buildings' founders to operate Hunter Leasing as a standalone platform focused on expanding its BRB rental fleet and serving petrochemical customers in the U.S. Gulf Coast.

Incline Equity Partners Recapitalizes Raney's

July 7, 2022

E-Commerce

Pittsburgh-based private equity firm Incline Equity Partners recapitalized Raney's, an Ocala, Florida–based e-commerce distributor of aftermarket heavy‑duty truck parts and accessories. The recapitalization will fund investments in technology and inventory management, expand Raney's private‑label offerings, and support M&A to grow the business.

Canopy Capital Partners Recapitalizes Alloy Cladding Holdings

May 22, 2019

Industrial Services

Canopy Capital Partners led a recapitalization of Alloy Cladding Holdings, a Jupiter, Florida-based industrial services contractor, partnering with Plexus Capital and with financing from Valley National Bancorp. The equity investment will fund growth and capability expansion to broaden Alloy Cladding's specialized welding, cladding and maintenance services across pulp & paper, chemical and other heavy industrial end markets while partnering with the Macdonald management team.