Triumph Financial, Inc. has acquired Greenscreens.ai for $140 million to enhance its freight technology offerings and improve pricing strategies in the transportation industry.

Target Company Overview

Triumph Financial, Inc. (Nasdaq: TFIN) has successfully completed its acquisition of Greenscreens.ai, a notable contender in the freight technology sector. Greenscreens.ai revolutionizes the freight market with its innovative dynamic pricing infrastructure, enabling participants to make informed real-time pricing decisions based on high-quality data, machine learning, and predictive analytics.

This acquisition aligns with Triumph's commitment to enhancing transportation intelligence, thereby returning control, choice, and confidence to data owners within the freight industry.

Industry Overview

The freight industry is undergoing significant transformation, characterized by the increasing adoption of data-driven technologies and analytics platforms. In the United States, where Triumph operates, the demand for efficient, cost-effective