Proskauer Advises Pacific General in Landmark NAYA Deal
Deal News | Aug 04, 2025 | Proskauer Rose (UK) LLP
Proskauer Rose (UK) LLP has advised Pacific General Equity Partners, LLC in a landmark transaction as a lead investor alongside Kline Hill Partners, in the first-ever single-asset continuation vehicle for Naya Group LLC, a growing fast-casual restaurant brand. This deal provides liquidity for existing investors, facilitating NAYA’s future expansion. This move marks a significant development for company-owned restaurant concepts in private equity, showcasing Pacific General's focus on high-growth businesses within consumer and business services sectors. Proskauer’s expert team provided comprehensive legal guidance across multiple facets including private funds, M&A, and tax. With over 800 lawyers globally, Proskauer is renowned for expertise in complex, high-stakes deals particularly within the secondaries market, offering deep insights across industries for top-tier clients.
Sectors
- Private Equity
- Restaurant Industry
- Legal Services
- Investment Banking
Geography
- United States – The primary geography of the participants, including Pacific General, NAYA, and Proskauer's operations.
- United Kingdom – Proskauer Rose (UK) LLP's involvement suggests relevant operations or jurisdictional connections.
Industry
- Private Equity – Central to the article as Pacific General Equity Partners participates in private equity investments.
- Restaurant Industry – Relevant due to Naya Group LLC's operations as a fast-casual restaurant brand.
- Legal Services – Proskauer Rose LLP provides legal expertise and representation, essential to the transaction.
- Investment Banking – The involvement of continuation vehicles and structured investments aligns with investment banking activities.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Pacific General Equity Partners, LLC | Lead Investor | Company | Investment firm with a focus on private equity and real estate, leveraging cross-border expertise. |
| TriSpan | Transaction Sponsor | Company | Involved in setting up the single-asset continuation vehicle for NAYA. |
| Naya Group LLC | Target Company | Company | A fast-casual restaurant brand poised for growth through this transaction. |
| Proskauer Rose (UK) LLP | Legal Advisor | Company | Provided comprehensive legal services for the transaction. |
| Kline Hill Partners | Co-Lead Investor | Company | Participated alongside Pacific General as a co-lead investor. |