Crossplane Capital Acquires TransAxle LLC
January 7, 2020
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.
- Buyers
- Crossplane Capital
- Targets
- TransAxle LLC
- Industry
- Industrial Services
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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