Triumph Completes Acquisition of Greenscreens.ai
Rhea-AI Summary
Triumph Financial (NASDAQ: TFIN) has completed its acquisition of Greenscreens.ai, a freight technology company specializing in dynamic pricing infrastructure. The acquisition, valued at $140 million in cash plus 256,984 TFIN shares, aims to revolutionize freight pricing decisions through machine learning and predictive analytics.
Dawn Salvucci-Favier, former CEO of Greenscreens.ai, has been appointed as President of Triumph's Intelligence segment. She will oversee the integration of Greenscreens.ai and ISO into a unified platform, focusing on providing transparent rate discovery and verified performance measurement.
The acquisition strengthens Triumph's position in transportation intelligence, offering brokers and shippers data-driven alternatives to traditional bundled solutions. The company plans to leverage its network data to deliver customized insights based on real transaction data.
Positive
- Strategic acquisition enhances Triumph's transportation intelligence capabilities with dynamic pricing technology
- Integration brings real transaction data-based insights, improving decision-making for brokers and shippers
- Acquisition provides immediate market expansion in freight technology sector
- Retention of key leadership with Dawn Salvucci-Favier joining as President of Intelligence segment
Negative
- Significant cash outlay of $140 million plus stock compensation may impact short-term financial flexibility
- Integration risks between Greenscreens.ai and existing ISO platform
- Potential dilution from issuance of 256,984 TFIN shares
News Market Reaction
On the day this news was published, TFIN gained 1.48%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
With this acquisition, Triumph raises the bar and sets the new standard for transportation intelligence focused on returning control, choice and confidence to the owners of the data
DALLAS, May 08, 2025 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (Nasdaq: TFIN), a financial and technology company focused on payments, factoring, intelligence and banking solutions for the transportation industry, today announced it has completed its previously announced acquisition of Greenscreens.ai.
Greenscreens.ai is a disrupter in the freight technology market. Its dynamic pricing infrastructure transforms how freight industry participants make real-time pricing decisions by harnessing high-quality data, machine learning and predictive analytics.
“We acquired Greenscreens.ai to change how freight industry participants approach pricing strategy,” said Aaron P. Graft, founder, vice chairman, and chief executive officer of Triumph. “This acquisition allows us to bring to market a powerful alternative to the bundled solutions that have limited customer choice for too long. Backed by the scale, quality and connectivity of data inside the Triumph Network, we’re well positioned to launch best-in-class Intelligence offerings that empower brokers and shippers to transact confidently.”
Triumph’s Intelligence offerings will serve as a foundation for transparent rate discovery, verified performance measurement and optimized RFP bid strategies. By leveraging the veracity of Triumph’s network data, its solutions will deliver customized insights based exclusively on real transaction data—giving brokers and shippers a more precise alternative to legacy tools. Triumph’s Intelligence offerings will simplify decision-making by providing the most actionable rate intelligence in the market.
In conjunction with the close, Dawn Salvucci-Favier, chief executive officer and chief product officer of Greenscreens.ai, has been named President of Triumph’s Intelligence segment. She will lead the integration of Greenscreens.ai and ISO into a unified offering, including the upcoming launch of Triumph’s new rating and performance platform.
“Being part of Triumph gives us the resources and reach to expand the impact of what we’ve built,” said Salvucci-Favier. “Our mission has always been to provide transparent, customizable and actionable intelligence that helps customers make confident decisions. Now, with Triumph’s backing, we can deliver that value at scale, meet the industry’s demand for credible alternatives, and accelerate innovation across the freight ecosystem.”
Under the terms of the agreement, Triumph acquired Greenscreens.ai for
About Triumph
Triumph Financial, Inc. (Nasdaq: TFIN) is a financial holding company focused on payments, factoring, intelligence and banking. Headquartered in Dallas, Texas, its portfolio of brands includes TriumphPay, Triumph, TBK Bank and LoadPay.
About Greenscreens.ai
Greenscreens.ai is transforming how the freight industry operates by delivering real-time, dynamic decision support powered by machine learning and quality data. Its platform empowers brokers and shippers to work more efficiently, make informed decisions, and build resilient strategies in a volatile market.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. Investors are cautioned that such statements are predictions and that actual events or results may differ materially. Triumph Financial’s expected financial results or other plans are subject to a number of risks and uncertainties. The following factors, among others, could cause actual results and future events to differ materially from those set forth or contemplated in the forward-looking statements: Triumph Financial may be unable to successfully implement integration strategies or to achieve expected synergies and operating efficiencies with Greenscreens.ai within Triumph Financial management’s expected timeframes or at all; and the ability of Triumph Financial or Greenscreens.ai to retain and hire key personnel. For a discussion of risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see “Risk Factors” and the forward-looking statement disclosure contained in the Company’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on February 11, 2025. Forward-looking statements speak only as of the date made and Triumph Financial undertakes no duty to update the information.
Source: Triumph Financial, Inc.
Investor Relations: Luke Wyse EVP, Head of Investor Relations lwyse@tfin.com | 214-365-6936 Media Contact: Amanda Tavackoli SVP, Director of Corporate Communication atavackoli@tfin.com | 214-365-6930
FAQ
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