We are not an investment bank, we are Special Purpose Acquisition Company (SPAC) consultants with years of experience in the industry. We have the knowledge to help your private company evaluate and execute a successful value maximizing public listing with a SPAC.
In 2004, our first SPAC, Arpeggio Acquisition Corp, was the 5th SPAC to complete an IPO. In 2006, Arpeggio completed a business combination with Hill International, a construction project management and claims consulting company. The common stock went from $5.30 at the time of the merger to $19.00 in just over 2 years.
Over the last 16 years, we have successfully completed a total of 5 SPAC business combinations in a number of different industries. This represents more completed SPAC mergers than any other management team.
Crescendo's senior management team has held board positions on over 40 publicly traded companies, so we understand the dynamics associated with public company corporate governance.
Crescendo's management team has over 70 years of combined experience investing in publicly traded companies.
Mr. Rosenfeld has been the president and CEO of Crescendo Partners, L.P., since 1998. Mr. Rosenfeld serves as a director and Chairman Emeritus of CPI Aerostructures, Inc. (NYSE:CVU) and as a director of Primo Water Corp. (NYSE:PRMW), Aecon Group Inc. (TSX:ARE), Canaccord Genuity Group Inc. (TSX:CF) and Pangaea Logistics Solutions (NASDAQ:PANL). Mr. Rosenfeld previously served on an additional 17 public company boards and was a managing director at CIBC Oppenheimer and its predecessor company for 15 years, Mr. Rosenfeld holds an MBA from Harvard Business School and a BS from Brown University.
Mr. Sgro is a Senior Managing Director of Crescendo Partners, L.P. and Director of Research of Jamarant Advisors. Mr. Sgro is the Chairman of the Board of Hill International (NYSE:HIL) and a director or Pangaea Logistics Solutions (NASDAQ:PANL). He has been involved in the management of 6 Special Purpose Acquisition Companies and has served on the board of 13 public companies in the US and Canada. Mr. Sgro began his career at Management Planning, Inc. a leader in private company valuations. He is an adjunct faculty member at The College of New Jersey . He holds an MBA from Columbia Business School and a BS from TCNJ.
Mr. Monahan is a Senior Managing Director of Crescendo Partners, L.P. and he is the Portfolio Manager of Jamarant Advisors. Mr. Monahan serves as a director of Primo Water Corporation (NYSE:PRMW) and as a director of Absolute Software Corporation (NASDAQ: ABST /TSX: ABST). Mr. Monahan previously served on an additional six public company boards. Mr. Monahan previously co-founded Bind Network Solutions. Mr. Monahan holds a Bachelor of Science degree in Mechanical Engineering from Union College and an MBA from Columbia Business School.