Large-scale purchase finalized: $3 billion dealt in transaction
In a significant move for the aerospace and defense sector, private equity firms Berkshire Partners and Warburg Pincus have acquired Triumph Group in a deal worth approximately $3 billion [1][3]. The transaction, completed in July 2025, marks a new era for the company, with Jorge L. Valladares III stepping into the role of Chief Executive Officer, succeeding Daniel J. Crowley [1][2][3].
Valladares, a seasoned aerospace executive, brings a wealth of leadership experience to Triumph. Most recently, he served as the Chief Operating Officer (COO) at TransDigm, a global supplier of engineered aircraft components [1][3]. His extensive background in the industry makes him well-equipped to steer Triumph through its transition to private ownership.
Triumph Group, a company that serves both Original Equipment Manufacturers (OEM) and the aftermarket, will continue to provide mission-critical engineered systems and components for the aerospace and defense sectors [5]. Under Valladares' leadership, the company aims to advance its role as a premier provider of these essential systems and components, with a focus on growth and long-term value creation [3][4].
Berkshire Partners and Warburg Pincus, both experienced investors in the aerospace and defense sector, are excited about their collaboration with Valladares and the Triumph team [3][4]. They view this acquisition as an opportunity to support Triumph's growth and innovation, helping the company to meet the evolving needs of its customers and stay at the forefront of the industry [3][4].
Daniel J. Crowley, the former CEO of Triumph, is confident that Valladares' leadership will benefit all Triumph stakeholders. He is proud of the progress and industry impact made by Triumph in the past decade and looks forward to seeing the company continue to thrive under its new leadership [2].
Blake Gottesman, Managing Director at Berkshire Partners, shares Crowley's optimism. He believes that as a privately held company, Triumph will have the potential for accelerated growth and is excited about the opportunities this presents for the company [4].
Jorge L. Valladares III is equally enthusiastic about his new role at Triumph. He looks forward to working closely with the Triumph team to further strengthen and expand the company's capabilities, meeting the evolving needs of its customers and advancing Triumph's role as a premier provider of mission-critical aerospace and defense systems and components [3].
With Warburg Pincus and Berkshire Partners on board, Triumph is now an independent, privately held company. Both investors and the new leadership team express excitement about the next chapter in Triumph's journey, with Dan Zamlong, Managing Director at Warburg Pincus, expressing his eagerness to support Valladares and the Triumph leadership team [4].
References:
- Bloomberg
- Reuters
- Triumph Group Press Release
- Berkshire Partners Press Release
- Triumph Group About Us
Triumph Group, under the leadership of Jorge L. Valladares III, aims to utilize private equity funding from Berkshire Partners and Warburg Pincus to advance as a premier provider of mission-critical engineered systems and components, focusing on growth and long-term value creation in the aerospace and defense sectors.
Berkshire Partners and Warburg Pincus, through their investment in Triumph Group, view this acquisition as an opportunity to support Triumph's growth and innovation, helping the company to meet the evolving needs of its customers and stay at the forefront of the industry.