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home / news releases / CRSS - Crossroads Impact expands strategic partnership with Enhanced Capital Group; and a strategic investment from Conversant Capital LLC


CRSS - Crossroads Impact expands strategic partnership with Enhanced Capital Group; and a strategic investment from Conversant Capital LLC

  • Crossroads Impact ( OTCQX:CRSS ) has expanded its strategic relationship with Enhanced Capital Group, the Impact investment solution of P10, and a new strategic investment from Conversant Capital LLC.
  • The firm also finalizing new $150M debt facility, ensuring ample capital to deploy across existing and new verticals.
  • The Enhanced Capital Group and Crossroads to focus relationship on credit investments in Climate Finance, Impact Real Estate, and Small Business Lending to underserved communities.
  • Investment funds managed by P10 and managed by Conversant are investing a combined $180M of equity capital in Crossroads at $10.76/share, with the ability to commit up to an additional $310M of total equity capital at the same price within the next 120 days.
  • The increased scale sets stage to evaluate eventual up-listing.

For further details see:

Crossroads Impact expands strategic partnership with Enhanced Capital Group; and a strategic investment from Conversant Capital LLC
Stock Information

Company Name: Crossroads Systems Inc
Stock Symbol: CRSS
Market: OTC
Website: crossroads.com

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