Advancing CGRPE’s Vision for Aligned Growth, Transparent Capital, and Scalable Partnerships
On May 24, 2025, Caban Global Reach Private Equity LP (CGRPE) completed a strategic equity conversion through a debt-to-equity transaction with Hammer Technology Holdings Corp. (OTC: HMMR). The transaction retired $2.68 million in debt via a clean, broker-free conversion at a fair market value of $0.264 per share—marking a decisive step in CGRPE’s mission to build scalable, founder-aligned partnerships.
This milestone reflects CGRPE’s investment approach: disciplined, transparent, and rooted in long-term partnership. It also affirms our ability to support operational growth while maintaining strategic oversight and financial clarity.
The transaction was overseen by all four General Partners of CGRPE—Michael Cothill, Michael Sevell, Dave Romero & Ben Botes —bringing a balanced blend of operating experience, capital markets strategy, and governance depth. With Cothill and Sevell also serving in executive leadership at Hammer, the partnership is uniquely positioned to accelerate execution while ensuring capital is deployed with purpose and precision.
“At CGRPE, we view each investment as a platform for responsible scale. This transaction exemplifies the kind of alignment and clarity we bring to our portfolio companies—and to the market at large.”
— Ben Botes, General Partner, Caban Global Reach Private Equity LP
This equity conversion reinforces CGRPE’s role as a strategic capital partner committed to growth, alignment, and impact. It is one of several targeted initiatives underway as we continue to expand our presence across fintech, healthcare, and digital infrastructure.
Read the full 8-K filing and shareholder letter here.
