Canes Announce New Ownership Partners

Carolina Hurricanes logo Ten investors, including Capitol Broadcasting Company, have bought into the Carolina Hurricanes, the team announced Thursday, November 3, 2011.

“You have so many people step up and say that the NHL is becoming part of this fabric, in what that means to an area, I think it’s a positive and positive moving forward,” said 620AM The Buzz’s Mike Maniscalco.

“My view is we signed up to help,” said Capitol Broadcasting Co. President and CEO Jim Goodmon. “We want to be part of this and help and make it grow, because that’s such a big part of the growth in the Triangle.”

Nine of the 10 investors have a base of operations in North Carolina, the team said.Two wished to keep their investment private.

In addition to Capitol Broadcasting, the other investors are:

Michael Kahn, chief operating officer of Atlanta-based liquor distributors Empire Distributors Inc. and the owner of the Charlotte Checkers, the Canes’ American Hockey League affiliate. Kahn’s investment was announced last month.

Matthew Szulik, the retired chairman and chief executive of Red Hat Inc., the Raleigh-based software company. Szulik has been recognized by CIO Magazine with its 20/20 Vision Award, and as a Technologist of the Decade.

Temple Sloan Jr., on behalf of Ice Puck LLC. Sloan founded General Parts International, Inc., the largest CarQuest auto parts dealer in the U.S., and real estate developer Highwoods Properties Inc. He is a member of the North Carolina Business Hall of Fame.

Clancy & Theys Construction, a company owned and run by the family of founder E.I. Clancy, with headquarters in Raleigh and offices in Wilmington, Charlotte, Newport News, Va., and Orlando, Fla.

Jim Rutherford, the team’s president and general manager, on behalf of Hurricanes Investment LLC. Rutherford’s management efforts were recognized in 2002 and 2006, when The Hockey News named him “Executive of the Year,” and in 2006 when he was voted by his NHL management peers as the Sporting News’ “Executive of the Year.” In 2006, he was also named the Triangle’s “Businessperson of the Year” by the Triangle Business Journal.
Abel and Barbara Zalcberg, founders of OFM Inc., a family-owned importer and distributor of office furniture located in Holly Springs and Phoenix, Ariz.. The Zalcbergs are also partners in a land development company in Holly Springs and Clayton and a private jet charter company at Raleigh-Durham International Airport.

Whitney Holdings Inc., an investment corporation created by Frederick J. and Timothy M. Whitney in August 2011 to invest in the Canes. The father-and-son team are partners of Whitney Wealth Management.

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Thanks to WRAL.com’s Jodi Glusco & Erin Summers for this capcom story.

 

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