Crossplane Capital Announces Acqusition of TransAxle
DALLAS, January 7, 2020 – Crossplane Capital (“Crossplane”), a Dallas-based private equity firm, is pleased to announce that it has acquired TransAxle LLC (“TransAxle” or the “Company”). Founded in 1979 and headquartered in Cinnaminson, New Jersey, TransAxle is a national provider of mission critical drivetrain components that supports trucking companies