#London #United Kingdom #UK Market #Trinity Capital #Motorway

Trinity Capital Inc. Invests in Motorway

In an impressive move to strengthen its footprint in the UK automotive market, Trinity Capital Inc. (Nasdaq: TRIN) announced a substantial investment of £25 million into Motorway, one of the country's premier online used-car marketplaces. This financial commitment aims to bolster Motorway's continued expansion and innovation within the automotive sector.

Motorway's Unique Model

Motorway operates on a groundbreaking model that eliminates traditional intermediaries from the used-car sales process. By directly connecting independent sellers with over 7,500 verified car dealers, Motorway allows car owners to secure competitive offers and transact more efficiently. Through its platform, sellers can receive offers in as little as 24 hours, with cars collected from their homes at no extra charge. This innovative approach not only benefits sellers but also provides dealers with a targeted and efficient way to acquire quality used vehicles.

Craig Fox, the Managing Director for Europe at Trinity Capital, expressed enthusiasm over the partnership, stating, "Motorway is redefining the way cars are sold in the UK by putting simplicity, speed, and value at the core of each transaction. We're excited to support their team during this phase of rapid growth.”

Strategic Partnership for Future Growth

The infusion of capital from Trinity Capital is set to enhance Motorway's marketplace and expand its dealer partnerships throughout the United Kingdom. Motorway's CFO, Liz Kistruck, outlined that this collaboration will significantly empower the company to focus on product innovation and improve customer experiences while scaling operations efficiently towards sustainable profitability.

The strategic investment exemplifies Trinity Capital's commitment to supporting companies that are innovating within their respective industries. With a history of deploying more than $5.1 billion across over 445 investments since its inception in 2008, Trinity Capital has established itself as a key player in providing customized debt solutions to growth-oriented businesses.

About Trinity Capital Inc.

Trinity Capital Inc. specializes in alternative asset management, catering to investors seeking robust returns from private credit markets. The firm strategically structures investments across five distinct lending verticals, including Sponsor Finance, Equipment Finance, Tech Lending, Asset Based Lending, and Life Sciences. Its headquarters in Phoenix, Arizona, positions the company as a trusted partner for innovative firms across the United States and Europe.

To stay updated with its latest activities and investment opportunities, visit Trinity Capital’s website and connect on LinkedIn and Twitter.

About Motorway

Established as a revolutionary online platform, Motorway connects individuals selling used cars directly with a vast network of dealers who are eager to purchase them. The company prides itself on providing car owners with the ability to secure optimal prices swiftly and effortlessly, ensuring a seamless transition from seller to buyer. Motorway's commitment to improving the used-car marketplace is not only beneficial for individual sellers but also aligns with the interests of its dealer partners in obtaining high-quality inventory effectively.

As both companies embark on this collaborative journey, the automotive landscape in the UK stands on the verge of transformation, driven by innovation and strategic investment.