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Genpact Limited (NYSE: G), a global leader in business process and technology management, has signed a definitive agreement to acquire Triumph Engineering Corp., a provider of engineering and technical services to the aviation, energy, and oil and gas industries. Closing is subject to satisfaction of certain customary conditions. Terms of the deal are not disclosed.
Triumph, with offices in Cincinnati and Baltimore, enhances Genpact's services portfolio for the infrastructure and manufacturing sector by adding capabilities in the large and high-growth segment of engineering and technical services. With deep domain expertise in aircraft/engine, electrical, and aerospace system design and integration and energy, along with a highly-skilled engineering talent base, Triumph is well positioned to help Genpact meet increasing client demands for innovative engineering services both in the U.S. and globally. Triumph has a number of marquee clients in the aviation and energy sectors.
"The acquisition of Triumph is an excellent fit...