Financials: The Schlafly family and investors shift ownership of the Schlafly beer brand

The Saint Louis Brewery, makers of Schlafly Beer, announced yesterday that David Schlafly, along with a group of local investors, has acquired the controlling interest in the brewery. David is a cousin of co-founder Tom Schlafly, meaning the new ownership structure allows the Schlafly family to continue the Schlafly Beer legacy into the future.

Tom Schlafly stated, “I am delighted to have David join the Schlafly team. Throughout his career, he has been an advocate for the betterment of our community — both on a civic and cultural level. He has a track record for success in business, and his work has led to the redevelopment of Maplewood, a commitment that has served our Schlafly Bottleworks location well.”

While Tom Schlafly will remain chairman of the board, David Schlafly plans to be actively involved as a director of the company. “The Saint Louis Brewery is part of our family’s legacy. I’ll be working with the Schlafly team to continue to advance its leadership in the craft beer industry and support neighborhood renewal. We are proud to be a St. Louis family-owned brewery.”

Private equity firm, Sage Capital, as well as several current and former employees chose to sell some of their units, shifting a majority ownership stake to David Schlafly and the group of investors. Tom Schlafly and Sage Capital will remain minority stakeholders for the brewery with representation on the board of directors.

In addition to his active involvement within the Schlafly Beer organization, David Schlafly will continue his commercial real estate work. He will also continue to participate in civic and charitable causes. He currently serves on the board of Laumeier Sculpture Park, and he is the former Chairman for the Creve Coeur Economic Commission and President of Housing for Senior Services at Catholic Charities St. Louis. He was also named the Maplewood Businessman of the Year in 2014.