Triumph Group INC
Market Movers (8-K)
Triumph Group, Inc. has completed its acquisition by Warburg Pincus and Berkshire Partners, becoming a privately-held company and delisting its common stock from the NYSE.
Capital raise
Triumph Group, Inc. has amended its $75 million receivables securitization facility, transferring administrative duties from PNC Bank to MUFG Bank, Ltd. and updating benchmark provisions in anticipation of its acquisition by Warburg Pincus and Berkshire Partners affiliates.
Capital raise
Triumph Group, Inc. announced robust financial performance for its fourth quarter and fiscal year ended March 31, 2025, highlighted by significant sales growth and positive free cash flow, as the company progresses towards a $3 billion acquisition by Warburg Pincus and Berkshire Partners.
Better than expected
Triumph Group stockholders voted to approve the merger agreement with Titan BW Acquisition, paving the way for the acquisition to proceed pending regulatory approvals and customary closing conditions.
Triumph Group, Inc. provides supplemental disclosures to its proxy statement to address stockholder lawsuits related to its merger with Titan BW Acquisition Holdco Inc., while denying any material omissions in the original filing.
Triumph Group, Inc. amends its Tax Benefits Preservation Plan to align with its merger agreement with Titan BW Acquisition Holdco Inc., extending the plan's expiration date and increasing the purchase price of preferred stock.
Quarterly Earnings (10-Q)
Triumph Group's Q3 fiscal 2025 shows improved profitability and revenue growth, alongside a definitive merger agreement with affiliates of Warburg Pincus LLC and Berkshire Partners LLC.
Better than expected
Triumph Group's second quarter results show a significant increase in operating income and a strong backlog, despite a net loss for the six-month period.
Better than expected
Triumph Group's first quarter of fiscal year 2025 saw a decrease in net loss and an increase in revenue compared to the same period last year, despite ongoing challenges.
Better than expected
Triumph Group's Q3 2024 results show a net loss of $15.9 million, impacted by costs associated with the divestiture of its Product Support business, which is expected to close in the fourth quarter of fiscal 2024.
Worse than expected
Annual Reports (10-K)
Triumph Group, Inc. filed an amendment to its Annual Report on Form 10-K to include detailed information on executive compensation, corporate governance, and security ownership for the fiscal year ended March 31, 2025.
Delay expected
Better than expected
10-K: Triumph Group Reports Strong FY2025 Performance Amidst Pending Acquisition and Strategic Realignment
Triumph Group, a global aerospace and defense supplier, reported a significant increase in operating income and net sales for fiscal year 2025, driven by strong aftermarket demand and strategic divestitures, as it progresses towards a $26.00 per share cash acquisition by Warburg Pincus and Berkshire Partners.
Better than expected
10-K: Triumph Group Reports Fiscal Year 2024 Results, Completes Strategic Divestiture and Debt Reduction
Triumph Group's fiscal year 2024 saw a 5.4% increase in net sales, strategic divestiture of Product Support, and a significant reduction in long-term debt.
Worse than expected
Insider Trading (Form 4)
Triumph Group Director Patrick E. Allen disposed of all his common stock and restricted stock units on July 24, 2025, as part of the company's merger into a wholly-owned subsidiary of Titan BW Acquisition Holdco Inc., receiving $26.00 per share in cash.
A director of Triumph Group Inc. reported the disposition of all common stock and restricted stock units as the company completed its merger, with shares converted to $26.00 cash per share.
Triumph Group Director Courtney Mather disposed of all common stock and restricted stock units, converting them to cash at $26.00 per share, following the company's merger into a wholly-owned subsidiary of Titan BW Acquisition Holdco Inc.
Triumph Group Inc. director Barbara Humpton disposed of all her common stock and restricted stock units for cash following the company's merger into a wholly-owned subsidiary of Titan BW Acquisition Holdco Inc.
Cynthia M. Egnotovich, a Director of Triumph Group Inc., reported the disposition of 42,885 common shares and 10,324 restricted stock units, converted to cash at $26.00 per share, following the company's merger on July 24, 2025.
Triumph Group Inc. director Mark C. Cherry reported the planned disposition of common stock and restricted stock units in anticipation of the company's acquisition by Titan BW Acquisition Holdco Inc. for $26.00 per share, effective July 24, 2025.
Proxy Statements (Def-14A)
Triumph Group, Inc. announces a definitive agreement to be acquired by investment funds managed by Warburg Pincus LLC and Berkshire Partners LLC for $26.00 per share in cash.
Capital raise
DEFA14A: Triumph Group's Merger with Titan BW Acquisition Advances as HSR Act Waiting Period Expires
Triumph Group Inc. announces the expiration of the Hart-Scott-Rodino Act waiting period, marking progress in its merger with Titan BW Acquisition Holdco Inc., with the transaction expected to close in the second half of 2025.
Triumph Group has announced an agreement to be acquired by affiliates of Warburg Pincus and Berkshire Partners, transitioning to a privately held company.
Triumph Group has agreed to be acquired by affiliates of Warburg Pincus and Berkshire Partners for $26.00 per share in cash, representing a 123% premium over the last trading day prior to media speculation.
Better than expected
Triumph Group will be acquired by affiliates of Warburg Pincus and Berkshire Partners in an all-cash transaction valued at approximately $3 billion, offering shareholders $26.00 per share.
Better than expected
Triumph Group, Inc. announces its 2022 Annual Meeting of Stockholders to be held virtually on July 15, 2022, with key voting items including the election of directors, executive compensation, and ratification of the company's independent auditor.
Schedule 13G - Passive Investments
Glazer Capital, LLC and Paul J. Glazer have reduced their beneficial ownership in Triumph Group Inc. to 4.88% of common stock.
Worse than expected
Goldman Sachs Group and its affiliate Goldman Sachs & Co. LLC have reduced their beneficial ownership in Triumph Group, Inc. to 4.9% of common stock.
Worse than expected
SCHEDULE: State Street Boosts Triumph Group Stake
State Street Corporation and its subsidiary SSGA Funds Management, Inc. have reported significant beneficial ownership in Triumph Group Inc., collectively holding 7.1% of common stock.
Investment firm Glazer Capital, LLC and its Managing Member, Paul J. Glazer, have disclosed a passive 6.11% beneficial ownership stake in Triumph Group Inc., totaling 4,746,800 shares.
SCHEDULE 13G/A: Hill City Capital Divests Entire Stake in Triumph Group, Inc.
Hill City Capital and its affiliated entities have reported a complete divestment of their beneficial ownership in Triumph Group, Inc., holding 0% of common stock as of March 31, 2025.
Worse than expected
State Street Corporation has filed a Schedule 13G, reporting a 4.8% beneficial ownership stake in Triumph Group Inc. as of March 31, 2025, held in the ordinary course of business.