Acquiring Company
Crossplane Capital
Acquired Company
Hynes Industries
DallasYoungstownVenture CapitalManufacturingDescription
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. Founded in 1925 and headquartered in Youngstown, OH with additional manufacturing facilities in Painesville, OH and Kokomo, IN, Hynes is a leading manufacturer of precision-engineered roll formed metal parts and assemblies for diverse end markets that include automated material handling, truck trailer, solar, and general industrial.
Quick answer
Crossplane Capital is acquiring Hynes Industries, announced December 11, 2023. Crossplane Capital is based in Dallas, Texas, United States.
- How much did Crossplane Capital pay for Hynes Industries?
- The deal value was not disclosed.
- What does Crossplane Capital do?
- Crossplane Capital is a private equity firm based in Dallas investing control equity in industrial business services, niche manufacturing and value-added distribution businesses.
- Where are Crossplane Capital and Hynes Industries based?
- Crossplane Capital is based in Dallas, Texas, United States. Hynes Industries is based in Youngstown, Ohio, United States.
- Who are the decision-makers at Crossplane Capital?
- Fundz holds 1 contact at Crossplane Capital. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Hynes Industries?
Hynes Industries was acquired by Crossplane Capital, based in Dallas. The deal was reported on December 11, 2023. Crossplane Capital is a private equity firm based in Dallas investing control equity in industrial business services, niche manufacturing and value-added distribution businesses. Crossplane Capital is privately held and operates in Venture Capital.
When did Crossplane Capital acquire Hynes Industries?
Crossplane Capital's acquisition of Hynes Industries was reported on December 11, 2023. 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. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Hynes Industries do?
Hynes Industries provides highly engineered, custom roll form solutions. Value-focused, quality driven, and community and family oriented, we believe people do business with people. It is privately held, operating in Manufacturing, and is based in Youngstown.
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