Warburg Pincus and Berkshire Partners announced the completion of their previously announced acquisition of Triumph Group, Inc. With the closing of this transaction, Triumph Group has transitioned to an independent privately-held company.
In conjunction with the acquisition, Jorge L. Valladares III has been appointed as the new Chief Executive Officer, succeeding Daniel J. Crowley, who joined the company in 2016. Mr. Valladares brings decades of leadership experience in the aerospace industry, having most recently served as Chief Operating Officer of TransDigm until 2023.
As a result of the acquisition, Triumph Group Inc. (TGI) will be replaced by Veracyte Inc. (VCYT) in the S&P SmallCap 600 index, effective prior to the opening of trading on Tuesday, July 29, 2025. This change reflects Triumph's new status as a privately held entity.
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