Pacific General secured debt financing from Lafayette Square for its majority investment in Lenwich, aiming to support the brand's expansion. The funds will enhance technology, digital transformation, and franchise development efforts.
Mar 25, 2025•4 months ago
Investors
Pacific GeneralLafayette Square
Description
Lafayette Square announced it has provided debt capital to support Pacific General's acquisition of a majority stake in Lenwich Holdings, LLC. Lenwich is a well-established sandwich brand in New York City. The financing will be used for technology investments and franchise development, facilitating the brand's growth beyond its current market. Both firms emphasize supporting growing businesses that benefit local communities.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers