How Much Did Apperson Crump Raise?
Funding & Key Investors

Apperson Crump, historically recognized as a cornerstone of the Memphis legal landscape, has navigated a complex financial trajectory characterized by significant debt-based capital injections. The firm has secured a cumulative total of $755K through structured financing arrangements, with the most recent capital infusion totaling $405K. This strategic debt financing underscores the firm's efforts to manage its operational evolution and transition away from its traditional role as a full-service law firm.

What is Apperson Crump?

Apperson Crump
Law Firms & Legal Services

Formerly the oldest continuously operating law firm in Memphis, Tennessee, Apperson Crump established a legacy of high-caliber legal representation, frequently cited by industry benchmarks such as Martindale-Hubbell. Following a strategic pivot, the entity has ceased its traditional legal practice. Currently, the organization functions as a repository for professional contact information, facilitating the transition of its former attorneys and maintaining its legacy within the regional professional services sector. The firm's market position has shifted from active litigation and counsel to a legacy management entity, reflecting broader trends in the consolidation and restructuring of long-standing professional service firms.

How much funding has Apperson Crump raised?

Apperson Crump has raised a total of $755K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$405K

Debt (2020): $350K with participation from PPP

Debt (2021): $405K led by PPP

Key Investors in Apperson Crump

PPP

Public-Private Partnership

What's next for Apperson Crump?

The future of Apperson Crump is defined by its ongoing commitment to administrative closure and the orderly transition of its professional network. With the capital secured through its recent debt financing, the entity is positioned to finalize its operational wind-down while ensuring that former clients and partners maintain access to necessary documentation and contact channels. As the firm concludes its historical tenure, the focus remains on the systematic resolution of outstanding obligations and the preservation of its institutional reputation within the Memphis business community. Future developments will likely center on the final liquidation of assets and the formal dissolution of remaining corporate structures, marking the end of a significant chapter in Tennessee's legal history.

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Frequently Asked Questions Regarding Apperson Crump Financial Insights

What are the most recent funding rounds that Apperson Crump has completed, and what were the funding rounds?
Apperson Crump has recently completed 2 funding rounds: Debt on Jan 19, 2021, Debt on Apr 4, 2020.
What is the total amount of funding Apperson Crump has raised to date?
Apperson Crump has raised a total of $755K in funding to date.
How many funding rounds has Apperson Crump completed?
Apperson Crump has completed 2 funding rounds.
How much funding did Apperson Crump raise in its most recent funding round?
Apperson Crump raised $405K in its most recent funding round.
Who are the lead investors in Apperson Crump's latest funding round?
The lead investor in Apperson Crump's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Apperson Crump's history?
The largest funding round in Apperson Crump's history was $405K.
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