Adam Finerman Helps Client Crossroads Significantly Expand Strategic Relationships

News / July 18, 2022

Partner Adam Finerman has helped client Crossroads Impact Corp negotiate a deal potentially worth nearly a half billion dollars. The deal will expand Crossroads’ strategic relationship with Enhanced Capital Group LLC, the Impact investment solution of P10, Inc., which is also a BakerHostetler client, although not on this matter. Conversant Capital LLC will also make a new strategic investment as part of the deal.

As announced July 11 in Globe Newswire via Yahoo!Finance, investment funds managed by P10 and Conversant will invest a combined $180 million of equity capital in Crossroads at $10.76 per share. The investment funds have the ability to commit up to an additional $310 million of total equity capital at the same price within 120 days.

For more information: “Crossroads Impact Corp Announces $180 Million Equity Investment from Funds Managed by P10 and Conversant Capital and Expanded Relationship with Enhanced Capital Group to Accelerate Growth.”

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