Crossplane Capital Acquires TransAxle LLC

Swanson Industries Acquires TransAxle's Off-Highway Business

June 26, 2025

Industrial Services

Swanson Industries, a portfolio company of Turnspire Capital Partners, has acquired the Off-Highway Business of TransAxle Holdings, LLC. The acquired business — a U.S.-based remanufacturer of transmissions, differentials, hydraulics, axles and brake systems with locations in Pennsauken, New Jersey and Garner, North Carolina — will be rebranded as the Swanson Off-Highway division to expand Swanson's capabilities and service capacity in core end markets such as mining, construction and aerospace.

TruckPro (via Crane Carrier Canada) Acquires Transaxle Parts

June 25, 2024

Logistics & Distribution

TruckPro, through its wholly‑owned subsidiary Crane Carrier (Canada) Limited, acquired the Transaxle Parts group of companies, expanding TruckPro's heavy‑duty truck and trailer parts distribution and repair footprint in the Greater Toronto Area. Transaxle operates five locations in the Toronto, Ontario market; Transaxle owners Tom Neelin and Gary Zwygers will continue to lead day‑to‑day operations following the acquisition.

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.

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 Domino Equipment Company

November 3, 2021

Industrial Services

Dallas-based private equity firm Crossplane Capital has acquired Domino Equipment Company, an Oklahoma City-based distributor and servicer of fuel station and car wash equipment that also operates 13 car washes. Founder Barry Brodersen will remain as CEO; Crossplane plans to expand Domino's presence within Oklahoma and into adjacent geographies while providing financial and operational resources for growth.

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.