Press Releases
Posted March 19, 2013

PizzaRev Has Received a Growth Equity Investment from Buffalo Wild Wings

Consumer Products & Services
Transaction Type
Raising Capital
Malibu, California

HOUSTON, March 19, 2013 – GulfStar Group (“GulfStar”) is pleased to announce that Pie Square Holdings, LLC dba PizzaRev (“PizzaRev” or “the Company”) has completed a growth equity financing and strategic partnership with Buffalo Wild Wings, Inc. (“Buffalo Wild Wings”). GulfStar served as exclusive financial advisor to PizzaRev throughout the transaction, which closed on March 13, 2013.

PizzaRev is a Los Angeles-based fast casual pizza chain that is reinventing the way America eats its favorite food by delivering a truly interactive dining experience where customers craft their own pizzas, choosing from a wide variety of premium-quality ingredients, in any amount, for one price. PizzaRev fires its pizzas in a stone-hearth oven, which produces a delicious, crispy Roman-style thin pizza in less than 3 minutes.

PizzaRev was founded by long-time entertainment industry executives Irv Zuckerman and Rodney Eckerman, who bring Fortune 500 executive operating experience along with their management team of highly experienced and long-tenured restaurant operators.

“The PizzaRev team is thrilled to have Buffalo Wild Wings as an investor in our business, and we believe that our strong relationship will have immediate impact in accelerating PizzaRev’s growth profile and establishing a very clear leadership position in the fast casual landscape,” said PizzaRev co-CEO Rodney Eckerman. “We also want to acknowledge the incredible effort put in by the GulfStar team in identifying this wonderful opportunity and providing PizzaRev with critical, experienced guidance throughout the process.”

Founded in 1982 and headquartered in Minneapolis, Minnesota, Buffalo Wild Wings is a growing owner, operator and franchisor of Buffalo Wild Wings Grill & Bar™ restaurants featuring a variety of boldly-flavored, made-to-order menu items including its namesake Buffalo, New York-style chicken wings.

The GulfStar transaction team included Managing Director Scott Winship, Senior Vice President Brian Lobo and Analyst Kristie Ganss. “It was a distinct pleasure working with Rodney, Irv and the talented PizzaRev team on this important transaction. Collectively, they define consummate professionalism, and we look forward to watching this powerful growth opportunity fully manifest itself in the exciting fast casual marketplace, under their terrific guidance,” said Winship.

About GulfStar Group
GulfStar is a leading middle market investment and merchant bank headquartered in Houston. GulfStar specializes in providing merger and acquisition advisory services, institutional private placements of equity and debt, and general corporate finance advisory services to companies with revenues or enterprise values generally ranging from $25 million to $350 million. Since its formation in 1990, GulfStar has completed over 575 transactions in more than 30 states and seven foreign countries across a variety of industries. Through its merchant banking affiliate, the firm also makes equity and subordinated debt co-investments.

Securities offered through GulfStar Group I, Ltd. an affiliated entity, member FINRA – SIPC.

GulfStar Group
700 Louisiana Street
Suite 3800
Houston, Texas 77002


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