Triumph Business Capital appointed Rob Wright chief product officer. Wright joined Triumph Business Capital from Capital One, where he most recently served as head of product for Auto Navigator, a consumer auto website.
Triumph Business Capital appointed Amber Roy to the role of chief operating officer. Roy will be responsible for Triumph Business Capital’s day-to-day operations, ensuring the company delivers services while being cost effective and maintaining a positive profit margin.
Triumph Business Capital closed the acquisition of the transportation factoring assets of Transport Financial Solutions for approximately $132.2 million, including contingent consideration of approximately $9.9 million.