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Stone Point Capital finalises majority stake purchase in Kestra
Stone Point replaces Warburg Pincus as the majority owner, with the latter making its majority investment in 2019.
Airforce Technology1d
Private equity companies to acquire Triumph for $3bn
Triumph Group has an agreement that will see its acquisition by affiliates of private equity firms Warburg Pincus and Berkshire Partners.
PE Hub1d
Stone Point acquires wealth management platform Kestra Holdings from Warburg Pincus
The Kestra Holdings management team and a large number of Kestra-affiliated financial advisors and Bluespring-affiliated principals will retain equity positions in the company; Bl ...
Boeing supplier to be acquired by private equity firms in $3 billion deal
Aerospace supplier Triumph Group Inc. (NYSE: TGI) entered into an agreement to be acquired by a newly formed entity under two ...
Axios on MSN2d
Triumph Group agrees to go private in $3 billion deal
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 ...
Flightglobal2d
Private equity firms to acquire Triumph Group for $2bn
US aerospace supplier Triumph Group has agreed to be purchased by two private equity firms for about $2 billion, a deal that ...
Warburg, Berkshire Partners near $3 billion deal for Triumph, Bloomberg News reports
The private equity firms are in talks to strike a deal at $26 per Triumph share, a 39% premium over the stock's closing price on Friday and more than double its value in early October when Bloomberg ...