TRIN News & Events

Trinity Capital announced the commitment of $50M in growth capital to Sage Health, a full-risk primary care and wellness provider serving Medicare-eligible seniors. The additional capital will work to support Sage's continued investment in its senior-focused care platform and geographic expansion into new medically underserved markets. Trinity's $50M debt term loan, together with the company's prior financings, brings Sage Health's total capital raised to $170M to date.

Capital Southwest Corporation (CSWC) and Trinity Capital Inc. (TRIN) announced that they have formed a joint venture that will invest primarily in first-out senior secured debt opportunities in the lower middle market. The joint venture will be owned equally by Capital Southwest and Trinity Capital, with each firm committing $50 million and holding a 50% equity interest. Investment and operational decisions will be overseen by the joint venture's board of managers, which will include equal representation from both partners. The joint venture is expected to obtain leverage through a senior secured credit facility, with borrowings used to fund portfolio investments.