Triumph Completes Acquisition of Greenscreens.ai

Core Insights - Triumph Financial, Inc. has completed the acquisition of Greenscreens.ai, aiming to enhance transportation intelligence and empower data owners with more control and choice [1][5] - Greenscreens.ai is recognized as a disruptor in the freight technology market, utilizing dynamic pricing infrastructure to improve real-time pricing decisions through high-quality data and machine learning [2][7] Company Strategy - The acquisition is intended to transform pricing strategies within the freight industry, providing an alternative to existing bundled solutions that limit customer choice [3] - Triumph plans to leverage its extensive network data to offer best-in-class intelligence solutions, facilitating transparent rate discovery and optimized RFP bid strategies [3] Leadership and Integration - Dawn Salvucci-Favier, CEO of Greenscreens.ai, has been appointed as President of Triumph's Intelligence segment, tasked with integrating Greenscreens.ai into Triumph's offerings [4] - The integration aims to enhance the delivery of transparent, customizable, and actionable intelligence to customers, meeting the industry's demand for credible alternatives [5] Financial Details - Triumph acquired Greenscreens.ai for a total consideration of $140 million in cash and 256,984 shares of TFIN common stock [5]