Limestone Fund LLC

Nov 05, 2009 at 10:29 am by miltcapps


Limestone Fund, LLC -- The close-knit founders of Mountain Group Capital partnered with former Asurion EVP and chief marketing officer Byron Smith to form Limestone. MGC's Joe Cook Jr., Joe Cook III and in-law Steve Singleton aren't traders - they like to buy well-run businesses with revenue up to $30 million, and with management that's willing to stay aboard to ensure continued growth. Cook Jr. is also co-founder and chairman of Ironwood Pharmaceuticals, a former chairman of Amilyn Pharmaceuticals and was a longtime executive with pharmaceutical maker Eli Lilly & Co. Joe Cook III, meanwhile, was a vice president in the investment banking group of J.C. Bradford & Co. Smith picked-up some marketing chops early-on at Procter & Gamble and Pepsico, then began a journey through telecom and broadband with GTE Wireless (Verizon), AT&T and Excite @Home. He earned his bachelor's at MTSU and his MBA at the University of Chicago. He's an adjunct teaching small-business management at Vanderbilt's Owen Graduate School of Management. MGC's sole Tennessee-based portfolio company is Quality Filtration LLC, although another portfolio company, St. Louis-based Clinical Products, manufacturers its goods in Nashville. Contact: (615) 313-9995.

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Tags: Amilyn Pharmaceuticals Asurion AT&T AutoZone BioMimetic Therapeutics biotechnology Byron Smith Clinical Products Eli Lilly & Co. Excite@Home Gary Stevenson Ironwood Pharmaceuticals J.C. Bradford & Co. Joe Cook III Joe Cook Jr. life sciences Limestone Fund MB Venture Partners medical devices Memphis BioMed Ventures Tennessee Middle Tennessee State University Mountain Group Capital Northwestern University Kellogg School of Management Owen Graduate School of Management Pepsico pharmaceuticals Pitt Hyde Procter & Gamble Protein Discovery Quality Filtration Steve Singleton TNInvestco University of Chicago University of Missouri venture capital Verizon Wireless
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