TRIUMPH to be Acquired by Affiliates of Warburg Pincus and Berkshire Partners in an All-Cash Transaction Valued at Approximately $3 Billion

Core Viewpoint - Triumph Group, Inc. has entered into a definitive agreement to be acquired by affiliates of Warburg Pincus and Berkshire Partners for a total enterprise value of approximately $3 billion, with shareholders receiving$26.00 per share in cash, representing a significant premium over the current stock price [1][2][3] Transaction Details - The acquisition price of $26.00 per share represents a premium of approximately 123% over Triumph's unaffected closing stock price and about 58% over the volume weighted average price for the 90 days prior to January 31, 2025 [2] - The transaction is expected to close in the second half of calendar year 2025, subject to customary closing conditions, including shareholder approval and regulatory approvals [4] Company Background - Triumph Group, founded in 1993 and headquartered in Radnor, Pennsylvania, specializes in designing, developing, manufacturing, and repairing aerospace and defense systems and components [7] - The company serves the global aviation industry, including original equipment manufacturers and military and commercial aircraft operators [7] Strategic Implications - The acquisition is expected to enhance Triumph's ability to meet evolving customer needs and provide more opportunities for employees, as it transitions to a privately held company [3] - Warburg Pincus and Berkshire Partners express confidence in Triumph's reputation and capabilities in the aerospace components sector, indicating plans for growth and capturing increasing demand [3][9] Advisory Information - Goldman Sachs & Co. LLC is serving as the exclusive financial advisor to Triumph, while Lazard is advising Warburg Pincus and Berkshire Partners [6]