Redwood Capital Investments, LLC with John Johnson have completed the acquisition of the Houston-area territory of Silver Eagle Distributors, L.P., which includes three counties: Ft. Bend, Montgomery and a significant portion of Harris. The new company will be known as Silver Eagle Distributors Houston. Robert Boblitt will serve as Chairman of the new company and John Johnson will serve as President.
“We are delighted that the acquisition is now complete and look forward to continuing to provide our Houston-area customers and consumers with the same outstanding products and service they have come to know and expect from Silver Eagle,” said Ryan Mostrom, Principal of Redwood Capital Investments, a Baltimore-based company.
Silver Eagle Distributors served the greater Houston and San Antonio communities and was led by John Nau for 33 years. Nau, Boblitt and members of the Nau family will continue to own the greater San Antonio market. John Nau will operate the business as Chairman and CEO.
“We have great appreciation and respect for John Nau’s leadership that has positioned this company for growth and success and hope to continue his legacy,” said Boblitt and Johnson. “We look forward to leading the outstanding group of employees that make up the Silver Eagle team to continue providing excellent service to our Houston-area customers.”
Silver Eagle Distributors, L.P., founded in 1986 by John L. Nau III, will continue as a member of the Anheuser-Busch wholesaler family serving the 13-county San Antonio territory.
Redwood Capital is the investment firm for Jim Davis, a founder of Allegis Group. Redwood became a member of the Anheuser-Busch wholesaler family in 2017, when they made an investment in Lakeshore Beverage located in Chicago.