NAYA's Continued Growth with TriSpan's Investment

In a landmark transaction, TriSpan, a private equity firm with offices in New York and London, successfully closed a single-asset continuation vehicle to fund NAYA, a fast-casual restaurant brand. This deal, which marks the first single-asset continuation vehicle for a company-owned restaurant model, reflects a significant milestone in the private equity and restaurant industries. Leading the transaction was Pacific General Equity Partners, alongside Kline Hill Partners and a variety of existing and new investors, providing the necessary equity capital to further support NAYA’s growth ambitions. Notably, this is the second such transaction that Goodwin, a legal advisory firm, has facilitated for TriSpan this year. Drawing from its Rising Stars strategy, TriSpan invests in high-growth restaurant concepts, dedicating deep operational know-how and financial resources to spur sustainable growth. Since its establishment in 2015, TriSpan has accomplished 24 platform investments and nearly 100 bolt-on acquisitions. Goodwin's diverse team, with expertise across several legal domains such as Private Equity, Investment Management, and Tax, under the leadership of Krishna Skandakumar and Jim Moriarty, was instrumental in advising TriSpan on this complex transaction.