Adaapta/Community Lattice Merger FAQs
Effective May 18, 2024, Adaapta and Community Lattice finalized a strategic merger to enhance the companies’ mission-driven brownfields redevelopment, community revitalization, and climate resilience efforts nationwide. The merged entity will operate as Adaapta with headquarters in Denver, Colorado, an office in Houston, Texas, and key personnel in locations across the country.
Below are some frequently asked questions to provide more information about this transition.
Who will be leading Adaapta after the merger?
Danielle Getsinger, the Founder of Community Lattice, will serve as the incoming CEO of Adaapta. She will lead strategic planning and take Adaapta to the next level. Mary Hashem, the Founder and President of Adaapta, will continue to play a significant role in managing Adaapta’s operations and projects, leveraging her expertise in real estate development and environmental risk management to drive the strategic vision and operational excellence of the merged entity.
Why did Adaapta and Community Lattice merge?
There are two main drivers behind the merger. The first is the incredible synergy that the founders of the two companies discovered as they worked on projects together over the past several years. Danielle and Mary realized that combining forces could create something more meaningful and impactful for their clients. The second is a desire for succession planning for Adaapta. After eight years of tremendous growth, Mary felt it was time to bring in new leadership and position Adaapta to grow and thrive beyond her tenure.
How will this merger benefit our clients and partners?
By combining Adaapta’s real-world brownfields development and finance expertise with the community-focused strengths of Community Lattice, we will elevate the quality and impact of services provided to all clients and communities. Community Lattice’s current clients will benefit from Adaapta’s real estate expertise in brownfield transactions, planning, financial analysis, and market analysis. Adaapta’s current clients will benefit from increased staff capacity, greater geographic reach, and new capabilities in community engagement, climate-informed planning, and data-driven approaches to informing our work.
How will the merger affect the company's future business operations?
The merger is expected to strengthen Adaapta's market position by combining expertise in brownfields development, community revitalization, climate resilience, real estate analysis, and finance. This will enhance the company's ability to serve clients nationally and address evolving community needs.
Will existing contracts, agreements, or pricing be affected?
All existing contracts and agreements will remain valid. Clients will be informed of any potential changes to pricing structures, billing cycles, or payment methods.
How will the merger impact ongoing projects?
Maintaining the continuity of current projects will be a priority through the transition, with the combined expertise of both entities ensuring their successful completion. New staff may be introduced to existing projects as the companies integrate, with a focus on leveraging the strengths of the combined team to bring the best resources to our clients and support ongoing and future projects.
Will the company's branding or name change due to the merger?
Adaapta will integrate the Community Lattice brand over the next several months. While we will operate under the Adaapta name, there is great respect for and appreciation of Community Lattice’s history. Therefore, we will incorporate key elements of the Community Lattice brand into a new Adaapta brand and logo.
What are the long-term goals of the merged company?
The merged company plans to push the boundaries of what is possible for clients and community partners by leveraging our combined strengths to advance transformative redevelopment projects. Our long-term goals include addressing broader, more complex community needs nationwide, ensuring sustainable growth for the company, and enhancing our capacity to serve future generations.
For more information, please contact Treasa Antony, Director of Community Relations, at Treasa@adaapta.com or 832-651-6426.