Capstone Event Group Investment by Greybull Stewardship

North America’s Premier Running Series

June 2019 (Tampa, FL) – Greybull Stewardship (“Greybull”), a unique, long-term oriented partnership of business owners investing in exceptional small to medium-sized businesses, announces an investment in Capstone Event Group (“CEG”), a portfolio of races serving over 110,000 runners annually. Terms of the investment were not disclosed.

“I’m thrilled that Greybull Stewardship understands the core strengths and potential of our business model.  With Greybull’s investment, support, and long-term investment approach, I’m confident that CEG and our races will continue to prosper,” said Charlie Mercer, President & CEO of CEG.  Charlie will remain President & CEO after the investment. 

 “CEG is an exciting investment for Greybull Stewardship.  The company owns some very popular races in North America, including Bay to Breakers in San Francisco and the Sun Run in Vancouver, BC, to name a few,” said Mason Myers, founder and general partner of Greybull.  “We see exciting opportunities for CEG to continue growing and bringing races to more cities across North America.”

 “Our races and our runners are so important to us. We want to provide an excellent experience for everyone involved so that we can continue to spread the joy of running across North America. From start to finish, we do everything in our power to make our races an event you won’t want to miss,” said Charlie Mercer. 

CEG’s goal is to give runners such a wonderful experience that they keep coming back to race in our events and encourage their friends and loved ones to join them.  

Capstone Event Group is based in Raleigh, NC.

For complete information on CEG, please visit


About Capstone Event Group

Capstone owns and operates a growing number of road race events throughout North America. Founded in 2011 with a single half marathon event, today more than 110,000 people run a Capstone event each year.  

We believe that Races are community events – which should be reflected in its character and its beneficiaries, and Participants deserve convenience, great service, and our best – without exception.  

Capstone Races:

  • Vancouver Sun Run
  • Bay to Breakers
  • The Hamptons Marathon
  • City of Oaks Marathon
  • Myrtle Beach Marathon
  • Charleston Marathon
  • Tarheel 10 Miler
  • Bull City Race Fest
  • Resort Races Collection
  • Race 13.1

Capstone Races has grown to become North America’s premier running series! Our runners can always count on the same best-in class racing experience at every Capstone event, as we do everything we can to exceed your expectations before, during, and after the race.

The joy and satisfaction written on the faces of every finisher is the same, year after year – and it never gets old. We’ll be waiting at the finish line for you, finisher medal in hand, ready to celebrate your great accomplishment – the Capstone of your year!

Additional information and up-to-date company news can also be found at

About Greybull Stewardship – Unique, Long-Term Private Investors 

Greybull Stewardship is a long-term oriented investment partnership that invests in exceptional small to medium-sized businesses. Its investments are usually in partnership with existing management teams that maintain significant equity ownership positions in their companies. Greybull’s model allows companies to preserve their unique company cultures, keep strong relationships with customers and employees, pursue appropriate growth rates and exit on flexible time frames. More information is available at