Crossplane Capital Takes Controlling Interest in Accent Family of Companies

Crossplane Capital Acquires Distributor Wire and Cable

December 10, 2024

Industrial Services

Dallas-based private equity firm Crossplane Capital has completed the acquisition of Distributor Wire and Cable (DWC), a Denver/Aurora-headquartered master distributor of specialty electrical wire and cable. Crossplane partnered with DWC founder Bryce Huett and the management team to provide operational and financial resources to support the company's next phase of growth, including product, capability and geographic expansion.

Crossplane Capital Recapitalizes Hynes Industries

December 11, 2023

Manufacturing

Dallas-based private equity firm Crossplane Capital completed a recapitalization of Hynes Industries alongside CEO Rick Organ and the company's leadership team. Hynes, a Youngstown, Ohio-headquartered manufacturer of precision roll-formed metal parts with additional facilities in Painesville, Ohio and Kokomo, Indiana, will receive investments to expand capacity and capabilities to support growth across automated material handling, truck trailer, solar and other industrial end markets.

Apollo Impact Acquires Accent Family of Companies

August 7, 2023

Industrial Services

Funds managed by Apollo (through its Apollo Impact platform) completed the acquisition of the Accent Family of Companies, which includes Accent Wire-Tie, Accent Wire-Tie United Kingdom and Accent Building Materials. Existing investor Crossplane Capital and the Sims family will retain a minority stake; financial terms were not disclosed. The acquisition positions Accent for global expansion across its recycling/waste and building materials end markets.

Crossplane Capital Invests in Kaemark

March 30, 2023

Manufacturing

Dallas-based private equity firm Crossplane Capital has made an equity investment in Kaemark, partnering with Kaemark executives Jeff Owen and Ben Peterson to support the company's growth. Kaemark, headquartered in Giddings, Texas, is a turnkey designer and manufacturer of millwork, seating and equipment for salons, spas, medical and veterinary markets; Crossplane said it will help increase Kaemark's design, production and installation capacity and efficiency.

Crossplane Capital Acquires Controlling Interest in Viking Fence

March 1, 2023

Building Products

Dallas-based private equity firm Crossplane Capital has acquired a controlling interest in Viking Fence, an Austin-headquartered provider of fence rentals, sanitation rentals, fence installations and complementary building products and services across Texas. Yukon Partners provided mezzanine capital to support the transaction, and Viking owner Sal Chavarria and the company’s management team partnered with Crossplane in the deal to drive the company’s next phase of growth.

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.