Crossplane Capital Management, an American private equity firm, completed the acquisition of TransAxle, the US automotive components provider, from Graham Partners, a middle-market private equity firm. Financial terms were not disclosed. "With its market leading position as a value-added aftermarket distributor and remanufacturer of heavy-duty truck transmissions and differentials to customers nationwide, we believe TransAxle is a unique asset. We look forward to working alongside the TransAxle team to drive continued growth and expand the Company's national market presence and product offering," Ben Eakes, Crossplane Capital Partner.