other material
confidence high
sentiment positive
materiality 0.80
Crossroads gets $180M equity from P10 & Conversant, $150M debt facility
Ridgepost Capital, Inc.
- P10 and Conversant invest $180M at $10.76/sh; up to $310M additional within 120 days.
- Crossroads finalizing $150M debt facility led by Texas Capital Bank at BSBY+300bps.
- Expanded ECG focus on climate finance, impact real estate, small business lending.
- Crossroads exploring up-listing to national exchange amid scaled capital base.
- P10 gains new permanent capital vehicle; Crossroads sees loan pipeline near $500M.