Upon completion of the transaction, TRIUMPH will become a privately held Company, jointly controlled by Warburg Pincus and Berkshire Partners. Under the terms of the agreement, TRIUMPH ...
Lazard is serving as financial advisor and Kirkland & Ellis LLP and Covington & Burling LLP are acting as legal counsel to Berkshire Partners and Warburg Pincus. Triumph was founded in 1993.
Warburg Pincus is gearing up to launch its first India-focused fund, while Zetwerk and Lenskart are drawing up plans for a public listing, according to various media reports.