Crossplane Capital has raised its fund at $275 million. The PE firm focuses on the manufacturing and industrials sectors.

Crossplane was founded in October 2018 by partners Brian Hegi and Ben Eakes, managing director Mike Sullivan and operating partner Ingrid West, to invest control equity into companies with up to $15 million of Ebitda that are either family owned and seeking a partner or involved in a complex situation.

Since its founding, Crossplane has completed three platform acquisitions, including: The Accent Family of Companies in September 2019; TransAxle in December 2019; and Griffin Dewatering in November 2020.