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Stock impact report

Trinity Capital Inc. Closes Deal with Motorway, Providing £25m to Fuel Further UK Growth [Yahoo! Finance]

Trinity Capital Inc. (TRIN) 
Company Research Source: Yahoo! Finance
announced the commitment of £25 million in growth capital to Motorway , one of the UK's leading online used-car marketplaces. By removing the traditional middlemen from the used-car supply chain, Motorway connects independent sellers directly with a network of more than 7,500 verified car dealers, matching each seller on the platform with interested dealers. Motorway's marketplace helps owners secure competitive offers online and provides dealers with a faster, more efficient way to source quality cars at scale. Craig Fox, Managing Director - Europe, at Trinity Capital commented: "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." This capital infusion will support Motorway as it continues to expand its marketplace and dealer partnerships across the UK. Liz Kistruck, CFO of Motorway, said: "This partnership with Trinity Capital wi Show less Read more
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