The deal will result in Triumph becoming a privately held entity, with joint control by the acquiring companies.

Aerospace supplier Triumph Group Inc. (NYSE: TGI) entered into an agreement to be acquired by a newly formed entity under two big private equity firms, the companies announced in a Feb. 3 in a press release. The deal would be an all-cash transaction worth $3 billion.

Private equity firms Warburg Pincus and Berkshire Partners agreed to pay $3 billion to acquire Triumph Group), a Pennsylvania maker of aftermarket parts for aerospace and defense systems. Why it matters: This suggests that private equity isn't worried about DOGE turning its attention to Pentagon spending,

The $3 billion sale to private equity firms Berkshire Partners and Warburg Pincus will take the publicly traded Radnor company private.

Warburg Pincus and Berkshire Partners are in advanced talks to acquire aircraft parts and services supplier Triumph Group Inc. for about $3 billion, including debt, according to people familiar with the matter.

Aerospace supplier Triumph Group, has entered a $3 billion acquisition agreement with Warburg Pincus and Berkshire Partners. The deal will make Triumph a privately held company.

Investment firms Warburg Pincus and Berkshire Partners have agreed to buy aircraft parts maker Triumph Group in a take-private deal valued at about $3 billion, the company said on Monday. An ongoing c

Shares in aviation firm Triumph Group (TGI) soared over 30% in pre-market trading after it agreed a $3 billion takeover deal from private