TransAxle

Company Profile

TransAxle is a leading independent remanufacturer of transmissions, differentials, and hydraulics. The Company provides comprehensive drivetrain solutions for medium to heavy-duty commercial and off-highway vehicles through its branch network and wholesale partnerships. Using a standardized, certified process, the Company replaces worn or unusable components with new and used parts, restoring units to like-new or superior industry standards.

Situation

SSG was retained by TransAxle to explore the Company’s strategic alternatives.

Solution

SSG conducted an expansive marketing process and attracted interest from several strategic parties who engaged in a thorough review of specific business units. Swanson Industries ultimately prevailed in the purchase of the company’s off-highway division which consisted of two locations in Garner, North Carolina and Pennsauken, New Jersey. SSG’s ability to manage complex carve-out transactions and experience in the transportation and industrial manufacturing industry allowed the Company to maximize the value of its off-highway division.