Santo Square
Santo Square
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Santo Square is focused on acquiring and growing multi-unit franchise locations in proven systems

Contact Us

Santo Square is focused on acquiring and growing multi-unit franchise locations in proven systems

Contact Us

Our Focus

We are actively looking for opportunities to acquire and operate existing multi-unit franchises

Our focus is set on entering franchise systems and geographies with additional future growth potential, facilitated through:

  • Franchisee / Franchisor buy-outs
  • Operational turnarounds
  • Bankruptcy acquisitions

Investment Criteria

To guide the acquisition, the following minimum initial investment criteria can be used to align opportunities with our investment thesis, with larger opportunities welcome:


  • Unit Count: 4+ units in existing market 
  • EBITDA: $0.6 - $2.0M+ EBITDA 
  • Location: Houston or ~4 hour drive preferred (additional geographies considered)
  • Franchisor: 100+ existing units across geographies / 10+ years of establishment / Continued growth potential
  • New Build Cost: <$2M 

Interested in selling your business or know someone who is?

Santo Square would appreciate the opportunity to learn about the franchise and define a path to acquisition.

About Us

Santo Square Investments

Santo Square Investments

Santo Square Investments

Santo Square is an investment and operating firm founded by Jonathan Lacy for the purpose of acquiring, operating, and growing franchise portfolios.

Jonathan Lacy

Santo Square Investments

Santo Square Investments

Prior to Santo Square, Jonathan was a consultant at Alvarez & Marsal's Consumer and Retail Group, where he focused on operational turnarounds and performance improvement. His expertise centered on store operations, supply chain optimization, overall transformation and growth.


Clients ranged across the spectrum of multinational Fortune 500 companies, PE & Portfolio companies, multi-generational private companies, to fast-paced start-ups.


Jonathan started his career in corporate rotational programs at Waste Management and UPS, with focus on operations, sustainability, and implementing pragmatic solutions.


Jonathan received an undergraduate degree in Mechanical Engineering from Kettering University (Formerly GMI) in Flint, MI, and an MBA from Rice University.

Contact Us

Are you looking to sell your business or have a potential lead?

We would appreciate the opportunity to speak with you and create a path to acquisition.  

Jonathan@SantoSquare.com

Drop us a line!

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