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Crossplane Capital is a private equity firm based in Dallas investing control equity in industrial business services, niche manufacturing and value-added distribution businesses. The firm invests in companies with up to $200 million of revenue and significant value creation upside through prudent net working capital management, rigorous cost optimization and thoughtful revenue growth.
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January 31, 2024
Crossplane Capital Partners with Ownership Works to Expand Employee Ownership in Its Portfolio
Crossplane Capital (“Crossplane”), a leading lower middle-market private equity firm, announced today that it has partnered with Ownership Works, a nonprofit organization that works with companies and investors to provide all employees with the opportunity to build wealth at work.
January 9, 2024
Crossplane Capital Announces Three Team Promotions and New Hire
Crossplane Capital (“Crossplane”), a leading lower middle-market private equity firm, announced today three promotions and one new hire after a strong 2023 that included nine acquisitions and one exit. Since raising the firm’s initial institutional capital in 2019, Crossplane has closed 9 platforms and 31 add-on acquisitions. The three promotions were Patrick Lynch and David Harris to Vice President and Will Huntsman to Associate while Teddy Koudelka joins the firm as an Associate.
December 11, 2023
Crossplane Capital Acquires Hynes Industries Alongside Management
Crossplane Capital (“Crossplane”), a Dallas-based private equity firm, is pleased to announce the recapitalization of Hynes Industries (“Hynes” or the “Company”) in partnership with Rick Organ, CEO of Hynes, and other members of the Hynes leadership team.
August 7, 2023
Apollo Impact to Acquire Accent Family of Companies, a Leading Value-Added Distributor and Manufacturer of Baling Wires and Equipment Servicing the Recycling and Waste Management Industries
Apollo (NYSE: APO) today announced that funds managed by its affiliates (the “Apollo Funds”) have completed the acquisition of the Accent Family of Companies (“Accent” or the “Company”), which includes Accent Wire-Tie, Accent Wire-Tie United Kingdom and Accent Building Materials.
March 30, 2023
Crossplane Capital Makes Investment in Kaemark to Support Growth
Crossplane Capital (“Crossplane”), a Dallas-based private equity firm, announced today that it has partnered with Jeff Owen and Ben Peterson by making an equity investment in Kaemark (“Kaemark” or the “Company”). Headquartered in Giddings, Texas since its founding in 1972, Kaemark is a leading turnkey designer and manufacturer of millwork, seating and equipment for the salon, salon suites, spa, medical and veterinary markets throughout North America.
February 9, 2023
Crossplane Capital Announces Equity Investment in Viking Fence
Crossplane Capital (“Crossplane”), a Dallas-based private equity firm, announced today that it has partnered with Sal Chavarria and current management to acquire a controlling interest in Viking Fence (“Viking” or the “Company”), a leading provider of fence rentals, sanitation rentals, fence installations and complementary building products and services to commercial and residential markets throughout Texas.
January 10, 2023
Crossplane Capital Announces Promotions and New Hires
Crossplane Capital (“Crossplane”) is excited to announce six promotions and two new additions to the team after a successful 2022 that included 13 acquisitions (3 new platforms and 10 add-ons) and $413 million of new capital raised across Crossplane Capital Fund II, LP and co-investments.
December 8, 2022
Crossplane Capital Announces Griffin Dewatering Add-On
Griffin Dewatering (“Griffin”), a portfolio company of Crossplane Capital (“Crossplane”), a Dallas-based private equity firm, has acquired the Pump & Integrity Rental segment (“Pump & Integrity”) of Cross Country Infrastructure Services.
July 19, 2022
Crossplane Capital Augments Team
Crossplane Capital, a Dallas-based private equity firm, announced the expansion of its team today with the additions of Larry Hagenbuch as Operating Partner, Kameron Woolfolk as Associate and Will Huntsman as Analyst.
July 12, 2022
Crossplane Capital Closes Fund II above Its $325 Million Target
Crossplane Capital (“Crossplane”) is pleased to announce the first and final closing of its second private equity investment fund, Crossplane Capital Fund II, L.P. (“Fund II”) above its $325 million target.
April 8, 2022
Crossplane Capital Announces Hunter Leasing Acquisition
Crossplane Capital, a Dallas-based private equity firm, announced today that it has completed the acquisition of Hunter Leasing, the blast resistant building rental division of Hunter Buildings.
April 4, 2022
Crossplane Capital Announces Partner Promotion
Crossplane Capital, a Dallas-based private equity firm, is excited to announce the promotion of Mike Sullivan to Partner.
January 5, 2022
Crossplane Capital Announces Promotions
Crossplane Capital, a Dallas-based private equity firm, is excited to announce promotions of Greg Balliro to Managing Director and Michael Bertrand to Senior Associate.
November 3, 2021
Crossplane Capital Announces Investment in Domino Equipment
Crossplane Capital, a Dallas-based private equity firm, has made an investment in Domino Equipment Company (“Domino” or the “Company”). Founded in 1989 by current CEO, Barry Brodersen, and headquartered in Oklahoma City, Oklahoma, Domino is a value-added distributor and servicer of fuel station and car wash equipment as well as an operator of 13 car washes in Oklahoma.
September 8, 2021
Crossplane Capital Named Private Equity Firm of the Year by M&A Advisor
After an unprecedented year of dealmaking during a global pandemic, The M&A Advisor announced that Crossplane Capital has been honored with the Private Equity Firm of the Year as part of its 15th Annual Turnaround Awards...
July 7, 2021
Crossplane Capital Portfolio Company Accent Wire Tie Acquires Cavert Wire Company
Accent Wire Tie, a portfolio company of Crossplane Capital, announced the acquisition of Cavert Wire Company.
May 20, 2021
Crossplane Capital Expands Team with Addition of Vice President of Human Capital
Crossplane Capital, a Dallas-based private equity firm, announced the expansion of its team today with the arrival of Laura Kaspar as vice president of human capital. In this role, Laura will work alongside Crossplane portfolio company leadership and human resources teams to recruit, train and retain key operational positions, design benefit plans and employee compensation programs, support add-on acquisition integrations, implement HR best practices and provide oversight of ESG initiatives across Crossplane’s portfolio.
April 9, 2021
Crossplane Capital Portfolio Company Griffin Dewatering Expands with Slead Dewatering Acquisition
Griffin Dewatering announced the acquisition of a portion of Slead Construction/Dewatering of Tacoma, Washington.
December 8, 2020
Crossplane Capital Closes Inaugural Fund at Its $275 Million Hard Cap Announces Hire of Principal and Associate
Crossplane Capital (“Crossplane”), a Dallas-based private equity firm that targets control investments in niche manufacturing, value-added distribution and industrial business services companies, today announced the final closing of its inaugural fund, Crossplane Capital Fund, L.P., at its $275 million hard cap.
December 2, 2020
Crossplane Capital Acquires Griffin Dewatering
Crossplane Capital announced today that it has acquired Griffin Dewatering (“Griffin” or the “Company”). Founded in 1934 and headquartered in Houston, Texas, Griffin operates out of 11 locations across the country and is the leading provider of groundwater control solutions for large scale civil and infrastructure, industrial, power and commercial construction projects.
June 1, 2020
Crossplane Capital Adds Bandwidth to Capitalize on Expected Wave of Restructurings
Crossplane Capital announced the expansion of its team today with the arrival of associates Michael Bertrand and David Harris. Michael and David will be responsible for supporting the team across multiple areas, including opportunity screening, financial modeling, company and industry due diligence, and value creation planning and implementation.
January 7, 2020
Crossplane Capital Acquires TransAxle
Crossplane Capital announced today that it has acquired TransAxle LLC (“TransAxle” or the “Company”). TransAxle is a national provider of mission critical drivetrain components that supports trucking companies and service providers on a same day/next Day basis.
September 19, 2019
Crossplane Capital makes equity investment in Accent Family of Companies
Crossplane Capital announced today that it has partnered with the Sims family and current management team to make an equity investment to acquire a controlling interest in the Accent Family of Companies (“Accent” or the “Company”), which includes Accent Wire-Tie, Accent Wire-Tie United Kingdom and Accent Building Materials.
April 3, 2019
Crossplane Capital Welcomes New Director of Business Development
Crossplane Capital announced the expansion of its team today with the arrival of Katie Oswald as director of business development. Katie will be responsible for sourcing investment opportunities, developing relationships with transaction advisors, and managing the firm's marketing strategy.