LAX.COM Completes Move To Norwalk, CT Assisted By Financing
Provided By Darien Rowayton Bank
Lax.com, a top internet supplier of lacrosse equipment, statistics and content has completed its move to Norwalk, CT. The eight year old company is under new ownership and is looking to further expand its warehousing operation and content pipeline by moving to an area known for producing excellent lacrosse equipment. The management team of John Arrix and George West bring 20 years of sports marketing and financial experience to the rapidly growing firm.
“The first order of business relating to our move,” stated West “was to establish ourselves in the community. We have initiated several joint ventures with local lacrosse entities such as the Sono Fieldhouse and Blue Streak Training and expect to add to these in the future. Further, we have partnered with Darien Rowayton Bank to strengthen our capital position and fund our future growth.”
“Lax.com is the type of growing and innovative company that we need in Fairfield County. They have a solid business with great growth prospects and a seasoned and dynamic management team. We are pleased to play a role in moving them to Connecticut and providing growth capital for their future”, commented Bert Knotts, CEO of Darien Rowayton Bank.
Lax.com will be officially opening its doors at 345 Wilson Avenue in Norwalk, in September. The company will offer free clinics with some of the top professional lacrosse talent in the nation. Signup and invitations for these clinics and promotions will be available on their website www.lax.com.
Darien Rowayton Bank recently announced its commitment to lend $80 million to homeowners and small businesses in an effort to strengthen the flow of credit in the community. It is a privately-owned bank whose core mission is providing superior service and financial products to self-employed clients, local businesses and community members. With two offices conveniently located in Darien and Rowayton, the Bank offers a full complement of consumer and business banking products, as well as a new line of mortgage products offering very competitive rates. Darien Rowayton Bank operates under the authority of the State of Connecticut Department of Banking and is FDIC insured.