Layers LLC
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Layers LLC - overview
Established
2004
Location
Sausalito, CA, US
Primary Industry
Travel & Leisure
About
Layers LLC, operating under the brand Patxi's Pizza, specializes in high-quality deep dish pizza, providing a diverse menu designed to cater to various customer preferences through an efficient online ordering system. Founded in 2004 in Sausalito, US by Bill Freeman and Patxi Azpiroz, Layers LLC operates under the brand name Patxi's Pizza, focusing on the deep dish pizza market. The company has completed two deals, the most recent in September 2018 when Elite Restaurants agreed to acquire Layers LLC from KarpReilly, a deal that was finalized in October 2018. Patxi's Pizza specializes in deep dish pizza, offering a diverse menu that includes a variety of unique and innovative dishes designed to cater to a wide range of tastes.
Their core product offerings focus on high-quality, freshly made pizzas, which are available for order through both their website and mobile applications. The company aims to enhance customer satisfaction by streamlining the online ordering process, making it convenient for both individual customers and larger groups, such as corporate catering events. With a minimum order requirement set at 30 people for catering services, Patxi's Pizza primarily serves consumers in urban markets across San Francisco, Denver, and Seattle. Their customer base includes local residents, businesses, and event planners, all of whom benefit from a menu that emphasizes quality ingredients and creative flavors.
Patxi's Pizza generates revenue primarily through direct-to-consumer transactions facilitated by their online ordering platform and mobile applications. Customers can place orders for individual pizzas or catering services, which are structured to meet the needs of both casual diners and larger gatherings. While specific pricing plans are not detailed, the company’s product offerings include a range of pizzas that cater to different preferences and dietary requirements. Transactions may include repeat business from loyal customers and group orders for events, enhancing the company's revenue stream.
This direct engagement with consumers allows Patxi's Pizza to build a robust client relationship, ultimately driving sales through both immediate orders and ongoing customer loyalty initiatives. The acquisition by Elite Restaurants is anticipated to provide Layers LLC with the strategic resources needed for expansion. The company aims to leverage this partnership to introduce new product offerings and enhance its market presence. Specific plans include targeting new cities for expansion, although specific locations and timelines have yet to be disclosed.
The recent acquisition deal, finalized in October 2018, is expected to support these initiatives as the company seeks to broaden its reach in the competitive pizza market.
Primary Industry
Travel & Leisure
Sub Industries
Restaurants & Nightlife
Website
www.patxispizza.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Layers LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Layers LLC | - | ||||||||
| Growth | Completed | Layers LLC | - |
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