Triumph Financial Acquires Greenscreens.ai in USD 160 Million Deal
Deal News | Mar 17, 2025 | CEE Legal Matters
Walless, in collaboration with Wachtell, Lipton, Rosen & Katz, has successfully advised Triumph Financial in its acquisition of Greenscreens.ai. The deal is valued at USD 160 million and marks Triumph Financial's significant expansion into freight pricing technology. Triumph Financial, a company specializing in payments, factoring, and banking, is poised to integrate Greenscreens.ai's tech platform to enhance its service offerings. While Walless lent its legal acumen with lead Partners Alina Makovska and Aiste Medeliene, they were supported by Associate Partner Vytenis Cepe and several associates. The legal advisory firm Walless declined to comment on the transaction details.
Sectors
- Financial Technology
- Freight and Transportation
- Legal Advisory
Geography
- United States – Triumph Financial is based in the United States, where it primarily operates its financial and technology services.
- Lithuania – Walless, a legal services firm, is based in Lithuania and provided advisory services for this transaction.
Industry
- Financial Technology – Triumph Financial operates within the financial technology landscape, integrating technology with financial services such as payments and banking.
- Freight and Transportation – Greenscreens.ai is a platform focused on freight pricing, aligning with the transportation and logistics industry.
- Legal Advisory – Walless, alongside Wachtell, Lipton, Rosen & Katz, provided legal services pivotal for the successful completion of the acquisition.
Financials
- USD 160 million – The transaction value for the acquisition of Greenscreens.ai by Triumph Financial.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Triumph Financial | Bidding Company | Company | A financial and technology-focused company engaged in banking, payments, and factoring services. |
| Greenscreens.ai | Target Company | Company | A platform specializing in freight pricing solutions. |
| Walless | Legal Advisor | Company | A legal advisory firm that led the legal counsel for Triumph Financial in this acquisition. |
| Wachtell, Lipton, Rosen & Katz | Legal Advisor | Company | A renowned law firm providing additional legal support in the transaction. |