Triumph Financial to Acquire Greenscreens.ai

Core Insights - Triumph Financial, Inc. has agreed to acquire Greenscreens.ai for a total of $160 million, consisting of$140 million in cash and $20 million in stock, aiming to enhance its pricing intelligence capabilities in the freight industry [1][3][4] Company Overview - Triumph Financial, Inc. is a financial holding company focused on payments, factoring, banking, and intelligence solutions, headquartered in Dallas, Texas [4] - Greenscreens.ai provides pricing solutions for the logistics industry, utilizing machine learning to deliver market pricing intelligence and business insights [2][5] Strategic Implications - The acquisition is part of Triumph's strategy to transform data into actionable intelligence for the freight industry, following its recent acquisition of Isometric Technologies [3] - The integration of Greenscreens.ai is expected to strengthen Triumph's ability to provide validated, high-quality data that enhances decision-making and operational efficiency [3] Financial Details - The acquisition is subject to customary closing conditions and regulatory approvals, with an expected completion date in the second quarter of 2025 [3][6]