Trinity Capital Inc. Provides $40 Million in Growth Capital to Impress

PHOENIX, Nov. 12, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity"), a leading provider of diversified financial solutions to growth-oriented companies, today announced the commitment of  in growth capital to Impress, a leading orthodontic chain in , specializing in invisible aligners.

Headquartered in , Impress' network of clinics spans multiple European countries and serves over 250,000 patients annually. The company's recent acquisition of DrSmile has further solidified its leadership in key European markets.

"We're excited to support Impress in their mission to make high-quality orthodontic care more accessible across ," said  , Managing Director, Tech Lending at Trinity. "Impress' focus on clinical excellence, coupled with their innovative technology and scalable business model, positions them to make a meaningful impact in advancing healthcare standards."

The  debt financing from Trinity is part of a larger  funding round for Impress. This capital will enable Impress to continue expanding, including plans to open 20 new clinics across .

"We are thrilled to partner with  in this new funding round," said  , CEO of Impress. "With Trinity's partnership, we look forward to expanding our clinic network and reaching more patients, ensuring that everyone has access to effective and affordable orthodontic solutions."

, a European law firm with practices in technology, financial services, energy and natural resources and life sciences, represented Trinity in the transaction.

About 

 (Nasdaq: TRIN), an internally managed business development company, is a leading provider of diversified financial solutions to growth-stage companies with institutional equity investors.  investment objective is to generate current income and, to a lesser extent, capital appreciation through investments, including term loans and equipment financings and equity-related investments.  believes it is one of only a select group of specialty lenders that has the depth of knowledge, experience and track record in lending to growth stage companies. For more information, please visit the Company's website at www.trinitycap.com.

About Impress

Impress is  leading orthodontic chain, transforming smiles across , , , , the , , , , , and the  With a focus on medically driven orthodontic solutions, advanced R&D, and a high standard of clinical oversight, Impress specialises in patient-centred care powered by technological innovation. The company's extensive network serves over 250,000 patients annually, making it  largest chain of invisible aligners.

Media Contact

Managing Director, Marketing

vgarg@trincapinvestment.com

 View original content to download multimedia:https://www.prnewswire.com/news-releases/trinity-capital-inc-provides-40-million-in-growth-capital-to-impress-302301735.html