On February 3, 2025, TRIUMPH announced that it had entered into a definitive agreement under which affiliates of growth-focused private equity firms Warburg Pincus LLC and Berkshire Partners LLC will acquire TRIUMPH through a newly formed entity for a total enterprise value of approximately $3 billion. The transaction is expected to close before or during the second half of calendar year 2025 and is subject to customary closing conditions, including receipt of required regulatory approvals. In light of the pending transaction, TRIUMPH has suspended quarterly earnings conference calls and webcasts. In addition, consistent with customary practice during the pendency of such transactions, TRIUMPH will not provide financial guidance for fiscal 2026.
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