The Fort Worth Press - Velocity One Completes Acquisition of Kaney Aerospace

USD -
AED 3.672993
AFN 62.999996
ALL 81.699746
AMD 377.840011
ANG 1.789731
AOA 916.999763
ARS 1379.755904
AUD 1.415709
AWG 1.8025
AZN 1.703539
BAM 1.660899
BBD 2.014946
BDT 122.253313
BGN 1.647646
BHD 0.377043
BIF 2965
BMD 1
BND 1.267451
BOB 6.912687
BRL 5.146199
BSD 1.000467
BTN 90.909168
BWP 13.201875
BYN 2.867794
BYR 19600
BZD 2.012042
CAD 1.37026
CDF 2280.000023
CHF 0.773402
CLF 0.021855
CLP 862.940095
CNY 6.90875
CNH 6.878835
COP 3707.24
CRC 474.370733
CUC 1
CUP 26.5
CVE 93.749983
CZK 20.55502
DJF 177.719901
DKK 6.341399
DOP 61.149992
DZD 130.031016
EGP 47.809803
ERN 15
ETB 155.425017
EUR 0.84875
FJD 2.22125
FKP 0.740353
GBP 0.74005
GEL 2.67498
GGP 0.740353
GHS 10.999979
GIP 0.740353
GMD 73.501128
GNF 8775.000227
GTQ 7.675193
GYD 209.308349
HKD 7.82272
HNL 26.530166
HRK 6.392703
HTG 131.278393
HUF 321.308503
IDR 16826
ILS 3.102585
IMP 0.740353
INR 90.88305
IQD 1310.5
IRR 1283811.999685
ISK 122.300959
JEP 0.740353
JMD 156.323908
JOD 0.708957
JPY 155.735041
KES 128.999898
KGS 87.45035
KHR 4017.000491
KMF 417.999804
KPW 900.013698
KRW 1442.164966
KWD 0.30659
KYD 0.833684
KZT 499.227216
LAK 21429.999618
LBP 89550.000509
LKR 309.529875
LRD 185.125052
LSL 16.040193
LTL 2.95274
LVL 0.60489
LYD 6.325
MAD 9.176021
MDL 17.117599
MGA 4324.999956
MKD 52.308854
MMK 2099.701293
MNT 3567.893063
MOP 8.061093
MRU 39.959831
MUR 46.420338
MVR 15.460413
MWK 1736.000064
MXN 17.17239
MYR 3.893964
MZN 64.397339
NAD 16.040291
NGN 1347.010036
NIO 36.709467
NOK 9.55739
NPR 145.455009
NZD 1.67531
OMR 0.384492
PAB 1.000459
PEN 3.36175
PGK 4.297043
PHP 57.713501
PKR 279.495602
PLN 3.57985
PYG 6455.228633
QAR 3.641101
RON 4.323302
RSD 99.667003
RUB 76.552623
RWF 1455
SAR 3.751204
SBD 8.045182
SCR 15.103367
SDG 601.496922
SEK 9.04297
SGD 1.266645
SHP 0.750259
SLE 24.499098
SLL 20969.49935
SOS 571.498882
SRD 37.804501
STD 20697.981008
STN 21
SVC 8.753025
SYP 110.548492
SZL 16.039929
THB 31.071981
TJS 9.479128
TMT 3.5
TND 2.866501
TOP 2.40776
TRY 43.844894
TTD 6.790312
TWD 31.367501
TZS 2567.832995
UAH 43.267779
UGX 3584.561165
UYU 38.738165
UZS 12215.000074
VES 401.83138
VND 26195
VUV 118.310075
WST 2.71223
XAF 557.047624
XAG 0.011367
XAU 0.000193
XCD 2.70255
XCG 1.803066
XDR 0.692412
XOF 556.490914
XPF 102.097918
YER 238.449948
ZAR 15.942503
ZMK 9001.196186
ZMW 18.833251
ZWL 321.999592
  • RBGPF

    0.1000

    82.5

    +0.12%

  • RYCEF

    0.3000

    18

    +1.67%

  • CMSC

    0.0000

    23.88

    0%

  • GSK

    -0.1400

    59.12

    -0.24%

  • AZN

    1.6700

    206.61

    +0.81%

  • BTI

    -0.1900

    61.91

    -0.31%

  • RIO

    0.4400

    98.11

    +0.45%

  • RELX

    0.7200

    31.22

    +2.31%

  • BCE

    -0.0400

    26.03

    -0.15%

  • CMSD

    -0.0500

    23.68

    -0.21%

  • NGG

    0.9400

    92.38

    +1.02%

  • VOD

    0.1400

    15.7

    +0.89%

  • BCC

    6.1200

    86.66

    +7.06%

  • JRI

    0.0500

    13.17

    +0.38%

  • BP

    -0.1100

    38.3

    -0.29%

Velocity One Completes Acquisition of Kaney Aerospace
Velocity One Completes Acquisition of Kaney Aerospace

Velocity One Completes Acquisition of Kaney Aerospace

Acquisition strengthens Velocity One's position as a leading provider of highly engineered products to the aerospace and defense markets

Text size:

HOBOKEN, NJ / ACCESS Newswire / February 24, 2026 / Velocity One, an aerospace and defense platform backed by Charlesbank Capital Partners, acquired Kaney Aerospace yesterday.

Headquartered in Rockford, Illinois, Kaney Aerospace specializes in electromechanical actuation, motion control, and advanced power solutions for aerospace and medical applications. Its products, including autopilot actuation systems, advanced and efficient electrical controls, and system integration and test, fly in commercial and defense platforms worldwide, with growing adoption in Advanced Air Mobility and autonomous vehicles. Kaney also operates an FAA Part 145 and EASA-certified repair station. The acquisition further strengthens Velocity One's portfolio of highly engineered products serving aerospace and defense customers.

"The addition of Kaney Aerospace marks an important step in our strategy to build Velocity One into a scaled, differentiated aerospace and defense platform," said John Borduin, CEO of Velocity One. "Kaney brings deep technical experience, longstanding customer relationships, and a strong track record in highly engineered actuation and power solutions. We are committed to preserving the strengths that have driven their success while providing them with the resources to grow. Together, we aim to expand capabilities, serve customers more broadly, and invest in the next phase of innovation."

"Velocity One's financial backing and leadership strengthen our ability to fund breakthrough R&D and advance higher-performance products that meet the evolving needs of aerospace and defense customers," said Jeffrey J. Kaney, Sr., CEO of Kaney Aerospace.

"Kaney Aerospace is a natural addition to the Velocity One platform, adding motion control and actuation capabilities that complement our existing portfolio," said Karan Talreja, Vice President of Charlesbank Capital Partners. "John and the Velocity One leadership team have built a strong foundation over the past year, and we're confident in their ability to drive meaningful growth across the combined business."

Since 2022, Velocity One has assembled a portfolio of specialized aerospace and defense companies, each with deep technical strength in mission-critical systems. Kaney Aerospace joins Cartridge Actuated Devices, a manufacturer of energetic devices; EMCORE Corporation, a developer of inertial navigation systems; and Aerosphere Power & Navigation, a provider of aircraft power electronics.

 

Advisors
RBC Capital Markets are acting as sellside financial advisors to Kaney Aerospace.

Foley & Lardner LLP is serving as legal counsel to Velocity One.

About Velocity One
Velocity One is an aerospace and defense platform uniting specialized companies in power systems, navigation, and precision-engineered components. Headquartered in Hoboken, NJ, Velocity One and its portfolio companies serve commercial aerospace, defense, and space customers worldwide. Learn more at www.velocity-one.com.

About Kaney Aerospace
Kaney is a leading innovator in aerospace technology, committed to pushing the boundaries of excellence in Flight Controls. With a team of industry experts, Kaney continues to shape the future of aerospace through cutting-edge technologies and a commitment to excellence. For further information about Kaney Aerospace, please visit https://kaney.com.

About Charlesbank
Founded in 1998, Charlesbank Capital Partners is a leading middle-market private investment firm with approximately $20 billion of assets under management as of 9/30/25. Drawing on nearly three decades of experience and sector insights, the firm takes a thematic approach to investing across its target sectors: business and consumer services, healthcare, industrials and technology & technology infrastructure. Charlesbank partners with talented management teams to help businesses unlock value and accelerate growth, with a focus on long-term value creation. The firm provides flexible capital through its complementary private equity and credit strategies, which collaborate closely to harness the firm's collective insights, resources and network. Charlesbank has offices in Boston and New York. For more information, visit charlesbank.com or follow Charlesbank on LinkedIn.

CONTACTS
For Velocity One:
Julia McDowell
[email protected]

For Charlesbank:
Ryan FitzGibbon / Alexa Ottenstein / Peter Gavaris
Prosek Partners
[email protected]

###

SOURCE: Velocity One



View the original press release on ACCESS Newswire

G.George--TFWP