Crossroads Systems to acquire Fountainhead.

Crossroads Systems, a holding company focused on investing in businesses that promote economic vitality and community development, agreed to acquire Fountainhead, a national, non-bank, direct commercial lender specializing in business financing for small to midsize businesses. Financial terms were not disclosed. "This combination, when added to our existing partnerships with Enhanced Capital Group and Rise Line Business Credit, two other leading nationwide lending firms, will enable us to capture additional SBA loan business which fit perfectly within our growing pipeline of small business opportunities. On behalf of our entire organization, I'd like to formally welcome Fountainhead to the Crossroads family," Eric Donnelly, Crossroads CEO.