Crossplane recruits Kaspar as human capital VP

Crossplane Capital has hired Laura Kaspar as vice president of human capital.

Crossplane Capital has hired Laura Kaspar as vice president of human capital. Previously, she was global VP of human resources for Peak-Ryzek.

PRESS RELEASE

DALLAS, May 20, 2021 – Crossplane Capital (“Crossplane”), a Dallas-based private equity firm, announced the expansion of its team today with the arrival of Laura Kaspar as vice president of human capital. In this role, Laura will work alongside Crossplane portfolio company leadership and human resources teams to recruit, train and retain key operational positions, design benefit plans and employee compensation programs, support add-on acquisition integrations, implement HR best practices and provide oversight of ESG initiatives across Crossplane’s portfolio.

Prior to joining Crossplane Capital, Laura was global vice president of human resources for multi-national supply chain integrator, Peak-Ryzek, where she oversaw all human resources activities and advised the executive team on organizational development and corporate strategy. Prior to Peak-Ryzek, Laura was vice president of human resources and risk management for national modular office rental company, Acton Mobile, where she served alongside then-Acton president and current Crossplane operating partner, Ingrid West. While at Acton, Laura partnered with other members of the senior leadership team to double the size of the company’s fleet through a complex carve-out of a competitor’s mobile office fleet, while also creating a customer-focused, high-performance culture.

“Having worked with Laura while she was Acton Mobile’s vice president of human resources and risk management, I saw firsthand how strategic HR leadership is essential to transformational operating results,” said Crossplane Capital partner, Brian Hegi. “Laura and Ingrid were both instrumental in expanding Acton’s branch footprint by over 50%, hiring 150 additional employees, and creating a high performing company culture, all of which helped the company triple EBITDA in 3 years.”

“We are fortunate to add such a high caliber executive to the Crossplane team, which we believe will boost portfolio company performance and further differentiate Crossplane in the market,” said Crossplane Capital partner, Ben Eakes. “In tight labor markets like we are experiencing today, Laura will have an immediate impact as we implement programs to recruit, train and retain talented portfolio company employees.”

“I’m delighted to be reuniting with the Crossplane team,” said Crossplane’s new vice president of human capital, Laura Kaspar. “The effective alignment of an organization’s people strategy with its overall business strategy is crucial to the achievement of any company’s long-term objectives. In the lower middle market, this often-overlooked opportunity unlocks a tremendous competitive advantage that is difficult for competitors to emulate or erode. I am looking forward to partnering with our talented leadership teams to develop and implement value creation plans that optimize our talent pool and align company culture, employee engagement, and organizational design with each company’s overall strategy.”

About Crossplane Capital
Launched in 2018, Crossplane Capital is a private equity firm based in Dallas investing control equity in industrial business services, niche manufacturing and value-added distribution businesses. The firm focuses on complex transactions involving strategically unique, lower middle market businesses. Targeted situations include corporate carve-outs, restructurings, bankruptcies, partnering with family-owned businesses seeking an operationally oriented partner, and other special situations.

The Crossplane Capital team has eight decades of collective experience transforming industrial companies as senior executives, operational improvement consultants, strategy consultants, restructuring advisors and private equity investors. For more information, please visit www.crossplanecapital.com.