Blues

Stillman's Ownership Group Raised $72M In Equity Firm Offering To Buy Blues

Published May 18, 2012

Tom Stillman’s Blues ownership group “raised $72 million in an equity offering to buy the team, with each investor putting in at least $1 million,” according to an SEC filing cited by Amir Kurtovic of the ST. LOUIS BUSINESS JOURNAL. The SEC Form D document, required for such fundraising, “does not specify how much each investor kicked in.” The name of the corporate entity was “SLB Acquisition Holdings LLC and is registered to the same address as Stillman’s Summit Distributing beer distribution business.” The document shows that there were "16 total investors" (BIZJOURNALS.com, 5/17).

BLUES INVESTMENT GROUP (SLB ACQUISITION HOLDINGS LLC)

Summit Distributing Chair & CEO Tom Stillman

Luxco Chair & CEO Donn Lux

Enterprise Holdings Foundation President Jo Ann Taylor Kindle

Maritz Inc. Chair & CEO Steve Maritz

Thompson Street Capital Partners Managing Partner Jim Cooper

Ed Potter

Former U.S. Sen Jack Danforth

Kennelwood Pet Resorts Owner Chris Danforth

Stifel Nicolaus & Co. Senior VP Jim Johnson

Stifel Nicolaus & Co. Former President Scott McCuaig

Summit Development Group President John Ross Jr.

Suddenlink Communications Chair & CEO Jerry Kent

Enterprise Holdings CEO Andy Taylor & Barbara Taylor

World Wide Technology CEO Jim Kavanaugh

World Wide Technology Chair David Steward

The Saint Louis Brewery Founder Tom Schlafly