FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
CFI Sponsor LLC
  2. Issuer Name and Ticker or Trading Symbol
Crescent Acquisition Corp [CRSA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O CRESCENT ACQUISITION CORP,, 11100 SANTA MONICA BOULEVARD, SUITE 2000
3. Date of Earliest Transaction (Month/Day/Year)
04/22/2019
(Street)

LOS ANGELES, CA 90025
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class F Common Stock (1) 04/22/2019   J(3)     937,500 (3)   (1)   (1) Class A Common Stock 937,500 (1) 6,175,000 D (2)  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
CFI Sponsor LLC
C/O CRESCENT ACQUISITION CORP,
11100 SANTA MONICA BOULEVARD, SUITE 2000
LOS ANGELES, CA 90025
    X    
Attanasio Mark
C/O CRESCENT ACQUISITION CORP,
11100 SANTA MONICA BOULEVARD, SUITE 2000
LOS ANGELES, CA 90025
    X    
BEYER ROBERT D
C/O CRESCENT ACQUISITION CORP,
11100 SANTA MONICA BOULEVARD, SUITE 2000
LOS ANGELES, CA 90025
  X   X   Executive Chairman  
CHAPUS JEAN-MARC
C/O CRESCENT ACQUISITION CORP,
11100 SANTA MONICA BOULEVARD, SUITE 2000
LOS ANGELES, CA 90025
  X   X   Chairman of the Board  
Purdy Todd M.
C/O CRESCENT ACQUISITION CORP,
11100 SANTA MONICA BOULEVARD, SUITE 2000
LOS ANGELES, CA 90025
  X   X   Chief Executive Officer  
Crescent Capital Group LP
C/O CRESCENT ACQUISITION CORP,
11100 SANTA MONICA BOULEVARD, SUITE 2000
LOS ANGELES, CA 90025
    X    
Beyer Family Interests LLC
C/O CHAPARAL INVESTMENTS LLC,
11601 WILSHIRE BOULEVARD, SUITE 1825
LOS ANGELES, CA 90025
    X    
TSJD Family LLC
C/O CRESCENT ACQUISITION CORP,
11100 SANTA MONICA BOULEVARD, SUITE 2000
LOS ANGELES, CA 90025
    X    

Signatures

 /s/ George P. Hawley, Attorney-in-Fact   04/23/2019
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) As described in the issuer's registration statement on Form S-1 (File No. 333-229718) under the heading "Description of Securities-Founder Shares," the shares of Class F common stock, par value $0.0001 per share (the "Class F Shares"), of the issuer will automatically convert into shares of Class A common stock at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to certain adjustment.
(2) CFI Sponsor LLC directly owns these Class F Shares. Messrs. Attanasio and Chapus control Crescent Capital Group LP, and Crescent Capital Group LP, an entity controlled by Mr. Beyer and an entity controlled by Mr. Purdy are the managing members of CFI Sponsor LLC. Accordingly, Messrs. Attanasio, Beyer, Chapus and Purdy share voting and dispositive power over the Class F Shares held by CFI Sponsor LLC and may be deemed to beneficially own such Class F Shares.
(3) This Form 4 reflects the cancellation by the issuer of 937,500 Class F Shares, which were automatically surrendered to the issuer for no consideration by the reporting person pursuant to contractual arrangements with the issuer, triggered by the election by the underwriters of the issuer's initial public offering not to exercise their option to purchase additional units.

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