TRIUMPH to be Acquired by Warburg Pincus and Berkshire Partners for $3 Billion
- Editor
- Feb 3
- 2 min read
What's Happening: Triumph Group, Inc. has entered into a definitive agreement to be acquired by affiliates of Warburg Pincus and Berkshire Partners in an all-cash transaction valued at approximately $3 billion. Upon completion, TRIUMPH will become a privately held company jointly controlled by the two private equity firms.
The Key Moves:
TRIUMPH shareholders will receive $26.00 per share in cash, representing a 123% premium over the unaffected closing stock price.
The transaction is expected to close in the second half of 2025, subject to shareholder approval and regulatory clearances.
TRIUMPH's Board of Directors has unanimously approved the definitive agreement.
By The Numbers :
Total enterprise value of the deal: approximately $3 billion
Cash offer price per share: $26.00
Premium over unaffected closing stock price: 123%
Key Quotes:
"This transaction recognizes our Company's position as a valued provider of mission-critical engineered systems and proprietary components for both OEM and aftermarket customers," said Dan Crowley, TRIUMPH's chairman, president and CEO.
"With our deep experience investing in and developing aerospace platforms, we look forward to working with TRIUMPH's talented global team to increase opportunities for its portfolio," stated Dan Zamlong, Managing Director at Warburg Pincus.
"Berkshire has a long history of partnering with market-leading aerospace companies, and we look forward to helping accelerate the next phase of TRIUMPH's growth," added Blake Gottesman, Managing Director at Berkshire Partners.
The Bottom Line: The acquisition of TRIUMPH by Warburg Pincus and Berkshire Partners represents a significant premium for shareholders and aims to position the company for future growth as a privately held entity. The deal highlights continued private equity interest in the aerospace and defense sector, with a focus on companies providing critical engineered systems and components.
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