The deal will result in Triumph becoming a privately held entity, with joint control by the acquiring companies.
Stone Point replaces Warburg Pincus as the majority owner, with the latter making its majority investment in 2019.
Pennsylvania-based Triumph designs, manufactures, repairs and supplies spare parts for a wide range of products.
Baird analyst Peter Arment downgraded Triumph Group from Outperform to Neutral and raised the price target from $20 to $26.
The Kestra Holdings management team and a large number of Kestra-affiliated financial advisors and Bluespring-affiliated principals will retain equity positions in the company; Bl ...
PHILADELPHIA, Feb. 4, 2025 /PRNewswire/ -- ParetoHealth appoints Maeve O'Meara as its Chief Executive Officer. O'Meara, who ...
Aerospace supplier Triumph Group Inc. (NYSE: TGI) entered into an agreement to be acquired by a newly formed entity under two ...
Kirkland & Ellis is guiding private equity firms Warburg Pincus and Berkshire Partners on their deal to take aircraft parts ...
Latham & Watkins has hired former Wachtell, Lipton, Rosen & Katz partner John Sobolewski as global chair of liability ...
Stocks are lower midday, but have pared much steeper premarket losses, after U.S. President Trump paused tariffs on Mexico for one month. The temporary deal was struck after Mexico’s President Claudia ...
The $3 billion sale to private equity firms Berkshire Partners and Warburg Pincus will take the publicly traded Radnor ...