Limestone Fund LLC

By Milt Capps


Limestone Fund LLC | Mountain Group Capital, TNInvestco, Joe Cook Jr, Joe Cook III, Steve Singleton, pharmaceuticals, Limestone Fund, Byron Smith, Asurion, Amilyn Pharmaceuticals, Ironwood Pharmaceuticals, Middle Tennessee State University, University of Chicago, venture capital, Eli Lilly & Co., Owen Graduate School of Management, Quality Filtration, Clinical Products, J.C. Bradford & Co., Procter & Gamble, Pepsico, Excite@Home, Verizon Wireless, AT&T, Ironwood Pharmaceuticals,

Joseph Cook Jr.

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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