Velocity, a subsidiary of Cogent, is a pump rental company backed by one of the industry's largest pump manufacturers, Goodwin. They boast a network of locations and seasoned professionals across the region, emphasizing a commitment to swift service as their primary focus.
In 2020, Velocity became employee-owned when their parent company, Cogent, implemented an Employee Stock Ownership Plan (ESOP).
While they are not certified, based on Department of Labor 5500 fillings and other third-party data sources, we believe their ESOP meets our standards of significant and broad-based employee ownership.
While they are not certified, based third-party data sources, we believe their Worker Cooperative meets our standards of significant and broad-based employee ownership.
While they are not certified, based third-party data sources, we believe their Employee Ownership Trust meets our standards of significant and broad-based employee ownership.
While they are not certified, we believe they meet our standards of significant and broad-based employee ownership.
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Employee Ownership Type:
ESOP
Employee-Owned Since: