Global asset manager Trinity Capital provides USD150m debt facility to UVeye
Trinity Capital Inc., a U.S.-based alternative asset manager, has provided a USD 150 million debt facility to UVeye, an Israeli company that develops AI-powered vehicle inspection systems. The facility includes an initial USD 100 million commitment with an option for an additional USD 50 million
UVeye’s advanced AI-driven systems conduct rapid vehicle inspections, identifying defects within seconds. Trinity Capital’s substantial funding will support UVeye’s expansion to meet the growing demand for their innovative solutions.
Arnon represented Trinity Capital with partners Simon Weintraub and Avi Anouchi leading the deal, partner Ofir Levy and associate Shmulie Kuperstok advising on tax matters and contributing. DLA Piper LLP (US) also represented Trinity with advice from Matt Schwartz, San Diego partner and leader of the U.S. Finance Practice Group.
