Average annual personal consumption expenditure growth in Entertainment Related Services is over 6%
Consumers of all ages are opting for experiences, with millennials (the largest spending cohort) leading the charge.
Three key factors led to this shift in consumer spending behavior:
1. A more holistic perspective on what leads to happiness
2. Growing importance of social media
3. Increased fear of missing out (FOMO)
That’s where we come in.
Lagniappe Capital Partners seeks the best seed and venture opportunities with entrepreneurs, helping build scalable, successful growth as they work to fill the void in the entertainment marketplace.
We are not just another investment firm, we offer entrepreneurs strategic alignment by providing "a little something extra" with our network and expertise in retail entertainment operations and development.
Our investment philosophy is best represented by the people and brands we invest in; unique, smart, fun, and focused on growth. We look for companies where we can provide strategic consulting to facilitate growth
There are new concepts everywhere – and they all need three things, all of which LCP can provide: Expertise, Capital, and Real Estate
Many operators are experts in their market, their store, their experience and they need a more global outlook on growing their business – from new revenue streams, new designs, new markets, or new technology.
They generally have EBITDA margins between 25%-40%.
Their executives and our team gel – chemistry is everything.
They have a story – how the partners found each other, how the business was started, or just something they do better than everyone else.
Most importantly, alignment, they have a very clear “why” to what they do. Whys drive companies and customers.
They believe in Lagniappe.
Square Feet of Construction
Equity and Debt
la·gniappe | ˈlan-ˌyap , lan-ˈyap
"We picked up one excellent word – a word worth traveling to New Orleans to get; a nice, limber, expressive, handy word: lagniappe. [...] It is the equivalent of the thirteenth roll in a baker’s dozen. It is something thrown in, gratis, for good measure.” – Mark Twain
Lagniappes aren’t expected, but they greatly enhance your experience.
Through our expertise and network in the retail entertainment space, we provide entrepreneurs with strategic guidance on growth, operations, real estate development, design and construction. So much more than capital to help entreprenuers not only start, but also succeed.
That’s our lagniappe – our little something extra.