Major Transaction: Purchase Agreement Worth $3 Billion Finalized
Triumph Group, a leading provider of mission-critical aerospace and defense systems and components, has undergone a significant change as private equity firms Warburg Pincus and Berkshire Partners acquired the company for approximately $3 billion in July 2025.
In this new chapter, the company will operate as an independent, privately held entity, continuing its commitment to serving both Original Equipment Manufacturers (OEM) and the aftermarket.
Jorge L. Valladares III, the former Chief Operating Officer of TransDigm, has been appointed as the new CEO, succeeding Daniel J. Crowley. Valladares brings extensive leadership experience and a deep understanding of the aerospace and defense sector to his new role.
The new owners, Warburg Pincus and Berkshire Partners, are renowned for their strong track records as experienced investors in the aerospace and defense sector. They aim to accelerate Triumph’s growth and strengthen its market position by leveraging their considerable experience and capital investment.
Valladares expressed his excitement about leading Triumph in its next phase of growth, stating that he looks forward to working closely with the Triumph team to further strengthen and expand their capabilities. He aims to advance Triumph's role as a premier provider of mission-critical aerospace and defense systems and components.
Dan Crowley, the previous CEO of Triumph, is proud of the progress the company has made in the past decade and the impact it has had on the industry. He is confident that Jorge's deep industry experience and proven track record of leading and growing similar businesses will benefit all Triumph stakeholders.
Warburg Pincus and Berkshire Partners are excited to collaborate with Valladares in driving Triumph's growth. Dan Zamlong, Managing Director at Warburg Pincus, and Blake Gottesman, Managing Director at Berkshire Partners, expressed their excitement about supporting Jorge and the Triumph leadership team. They are looking forward to partnering with Jorge, Warburg Pincus, and the Triumph team in the next chapter of growth.
With this acquisition, Triumph Group is poised to navigate market uncertainties while capitalizing on the growing demand for high-quality aerospace components. The company will continue to serve both OEM and aftermarket needs, ensuring its position as a key player in the aerospace and defense sector.
The new owners, Warburg Pincus and Berkshire Partners, will continue to invest significantly in the finance sector, aiming to strengthen Triumph Group's position as a key player in the aerospace and defense industry through strategic business decisions.
As an independent, privately held entity, Triumph Group, under the leadership of the new CEO, Jorge L. Valladares III, will strive to accelerate its growth and further expand its capabilities in the aerospace and defense sector.
