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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, 20254 months ago
New York

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.

Company Information

Company

Lafayette Square

Location

New York, New York, United States

About

Lafayette Square Holding Company, LLC ("Lafayette Square" or the "Firm") is an impact-driven, minority-owned investment platform. Founded by Damien Dwin in 2020, the Firm confronts critical societal challenges with capital and services in three core areas: housing, jobs, and financial inclusion. For more information about Lafayette Square, please visit lafayettesquare.com

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers