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Firm led by former Uber CEO buys STL company

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Mill Valley, California-based investment firm Saltwater Capital LLC, led by former Uber CEO Ryan Graves, purchased a St. Louis business.

Saltwater penned a deal for undisclosed terms to buy a majority stake of Quillt. The management team behind the St. Louis portfolio of online publications will retain their ownership positions.

“We’re very excited to have found an amazing platform company that helps build Saltwater in the content-to-commerce media space,” Graves said. “Quillt’s leadership team embodies many of the values we hold dear."

Read more from St. Louis Inno.

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