Fenwick & West represented Enlightened Hospitality Investments (EHI), the growth equity fund affiliated with Danny Meyer's Union Square Hospitality Group, in leading a $20 million growth investment in Banza, the fastest growing pasta brand in the country. Prelude Growth Partners also co-led the round.
On a mission to make nutritious food more accessible, Banza reinvents popular comfort foods using chickpeas. The capital will primarily be used to grow Banza's team, support marketing efforts and commercialize its product pipeline. More information about the deal can be obtained from EHI’s announcement.
The Fenwick transaction team included corporate partner Evan Bienstock and associates Andrew Murphy and Lisa Richards, as well as tax partner David Forst.