Velocity Industrial of the United States Acquired
en.Wedoany.com Reported - Velocity Industrial LLC has been acquired through a strategic transaction facilitated by Generational Group. The company is a Texas-based enterprise specializing in pneumatic conveying systems and material handling solutions for the plastics industry.
Further details of the transaction, including the buyer's identity and acquisition price, have not been publicly disclosed at this time.
Velocity Industrial LLC, headquartered in Terrell, Texas, serves customers across multiple manufacturing sectors, including plastics, food and beverage, grain, metals, aggregates, and wastewater treatment. Founded in 2006, the company is known for its customized engineering systems designed to enhance operational efficiency and productivity for clients nationwide.
The company's business focuses on blower assemblies, vacuum pumps, manufacturing, field services, and turnkey system integration. Velocity Industrial also provides comprehensive repair and maintenance support through its in-house machining and fabrication facilities, establishing itself as a trusted partner for manufacturers requiring specialized knowledge in conveying and process equipment.
Michael Goss, Managing Director of Generational Group, and his team led the transaction. The team was led by Senior Vice President Jacob Mangalath and supported by Vice President Brennon Dunbar. Managing Director and Group Leader David Robinson, along with Senior M&A Advisor Mike Moore, initially established the relationship with Velocity Industrial. Senior Growth Strategist Michael Querard led the company's strategic growth initiatives.
In a joint statement, Velocity Industrial founder Rodney Campbell and CEO Tina Campbell stated that this transaction represents more than just a change in ownership. The statement noted that the deal lays a stronger foundation for employees, customers, and the future development of the Velocity Industrial brand. The two added that the company was founded with a long-term vision, and they are now pleased to see it embark on a new journey with greater opportunities and resources, while maintaining a continued commitment to those who have helped the company succeed.
Generational Group CEO Ryan Binkley stated that the transaction reflects the group's commitment to ongoing collaboration with institutions that share a strategic vision and focus on long-term growth. He added that by working with teams dedicated to disciplined execution and sustainable value creation, the group aims to support meaningful expansion, strengthen long-term enterprise value, and deliver positive outcomes for all stakeholders.
This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com
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