Exclusive: Trinity Capital to provide $40m in growth capital to Beam Benefits [Yahoo! Finance]
Trinity Capital Inc. (TRIN)
US:NASDAQ Investor Relations:
lanb.com/home/about-us/news/2017/09/15/trinity-capital-corporation-commences-trading-on-otcqx-and-announces-dtc-eligibility
Company Research
Source: Yahoo! Finance
In a statement on Thursday, Phoenix-based Trinity Capital Director Jack McNamara said the group "look[s] forward to our partnership with Beam and supporting their continued growth." Trinity Capital is a provider of venture debt and equipment financing to "growth-stage" companies, according to its website. In September, it announced a $70 million increase in its credit facility led by KeyBank, bringing its total commitments to $510 million. Beam, meanwhile, was founded in 2012 as a digital portal focused on dental benefits for workers at small businesses. It has since increased its scope to include ancillary benefits like vision, life, disability and supplemental health insurance. "These funds will continue to propel Beam's modernization of employee benefits by building extraordinary tools that empower brokers and partner benefits providers all over the US,” said Beam CEO Alex Frommeyer. Frommeyer, a co-founder of Beam, is due to be replaced at the helm of the group by Tolithi
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TRIN
News
- Longtime commercial real estate exec changes Charlotte firms [Yahoo! Finance]Yahoo! Finance
- Trinity Capital Inc. Provides $40 Million in Growth Capital to ImpressPR Newswire
- Trinity Capital Inc. Announces Stock Repurchase Program [Yahoo! Finance]Yahoo! Finance
- Trinity Capital Inc. Announces Stock Repurchase ProgramPR Newswire
- Trinity Capital Inc. Reports Third Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
TRIN
Earnings
- 10/30/24 - Miss
TRIN
Sec Filings
- 11/7/24 - Form 8-K
- 11/6/24 - Form 4
- 11/6/24 - Form 4
- TRIN's page on the SEC website