Charlesbank said Wednesday industry veteran John Borduin will serve as CEO of Velocity One, which will operate with three operating units: EMCORE, Cartridge Actuated Devices and Aerosphere Power.

Headquartered in Fairfield, New Jersey, Velocity One (or the “Company”) brings together EMCORE with Cartridge Actuated Devices, Inc. (“CAD”) and Aerosphere Power, positioning itself as an ...

As part of the transaction, Launch Point Partners LLC will become a co-investor in Velocity One alongside Charlesbank John Borduin will lead Velocity One as CEO Charlesbank Capital Partners has ...

Using home equity to pay off credit cards, medical bills, and other debts is common. However, a financial strategy called velocity banking has gained attention in recent years. This method involves ...

Stephen Gordon is back in the acquisition game. His Genesis Bank announced on Feb. 13 that he is acquiring Beverly Hills-based Excel Bank in an all-cash transaction. The price wasn’t disclosed. After ...

ORANGE COUNTY, Calif.--(BUSINESS WIRE)--Genesis Bank (“Genesis” or the “Bank”) and Excel Bank, a tradename of EH National Bank (“Excel”), announced today that they have mutually ...