Charlesbank completes acquisition of emcore to form velocity one

Boston & fairfield, n.j.--(business wire)--charlesbank capital partners (“charlesbank”), a middle-market private investment firm, today announced that it has, through new aerospace manufacturing holding company velocity one, successfully closed on its acquisition of emcore corporation (formerly nasdaq: emkr) (“emcore”), a provider of specialized inertial navigation solutions to the aerospace and defense (“a&d”) industry. the transaction was first announced on november 8, 2024, following una.
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