Triumph Group Completes Acquisition by Private Equity Firms, Eyes Growth in Aerospace and Defense Sectors

Triumph Group has completed its acquisition by private equity firms Warburg Pincus and Berkshire Partners, transitioning into an independent privately-held company. Jorge L. Valladares III will succeed Daniel J. Crowley as CEO, aiming to strengthen the company's position in the aerospace and defense sectors. The acquisition is expected to accelerate Triumph's growth and enhance its capabilities.

Triumph Group, Inc. (NYSE: TGI) has completed its acquisition by private equity firms Warburg Pincus and Berkshire Partners, transitioning into an independent privately-held company [1]. The acquisition, finalized on July 24, 2025, marks a significant milestone for the aerospace and defense systems provider.

With the completion of the transaction, Jorge L. Valladares III has been appointed as the new Chief Executive Officer, succeeding Daniel J. Crowley, who joined Triumph as CEO in 2016 [2]. Mr. Valladares brings extensive leadership experience in the aerospace industry, most recently serving as the Chief Operating Officer of TransDigm [3].

The acquisition is expected to accelerate Triumph's growth and enhance its capabilities in the aerospace and defense sectors. "I am honored to lead TRIUMPH in this next phase of growth to advance its role as a premier provider of mission-critical aerospace and defense systems and components," said Valladares [1]. The private equity firms have expressed their excitement about supporting the company's growth and innovation efforts [1].

Warburg Pincus and Berkshire Partners are active investors in the aerospace & defense and industrial sectors, with a strong track record of generating growth and long-term value creation [1]. Their investment in Triumph Group is expected to provide the company with the resources and strategic guidance needed to strengthen its position in the market.

The acquisition also includes a termination fee structure and reverse termination fee provisions, highlighting the commitment of both private equity firms to the transaction [2]. Triumph Group shareholders will receive $26.00 per share in cash, and the transaction is subject to customary closing conditions [2].

As Triumph Group transitions into a privately-held company, it will continue to operate as an independent leading provider of mission-critical engineered systems and proprietary components for aerospace and defense companies across both OEM and aftermarket applications [1].

References:

[1] https://www.prnewswire.com/news-releases/warburg-pincus-and-berkshire-partners-complete-acquisition-of-triumph-302513536.html
[2] https://www.marketscreener.com/news/warburg-pincus-llc-and-berkshire-partners-llc-completed-the-acquisition-of-triumph-group-inc--ce7c5fdada80f023
[3] https://www.marketscreener.com/news/triumph-group-inc-announces-chief-executive-officer-changes-ce7c5fdada8efe25