[1][2] On March 16, 2021, it was announced that Blue Ribbon Partners, an investment platform led by American beer and beverage entrepreneur Eugene Kashper, owns 100% of Pabst Brewing Company.

Prior to current ownership, on November 13, 2014, Pabst announced that it had completed its sale to Blue Ribbon Intermediate Holdings, LLC, which was a partnership between Eugene Kashper and TSG Consumer Partners, a San Francisco–based private equity firm.

Two factors helped position the company for significant growth: the untimely death of Milwaukee brewing competitor C.T.

[12] Pabst's sales reached a peak of 15.6 million US barrels (1.86 billion litres) in 1978 before they entered into a steep decline.

When Prohibition ended, the company went back to selling beer, and the cheese line was sold to Kraft.

Visitors to Pabst's tour were rewarded with sometimes bottomless glasses of beer at its end-of-tour Sternewirt Pub.

[9] In 1999, Pabst purchased the Stroh label,[18] and the brewery in La Crosse was sold to City Brewing Company.

[17] S&P was ordered by the IRS to sell the Pabst Brewing Company by 2005 or lose its not-for-profit, tax-free status.

After a while, Pabst Brewing claimed that they were unable to find a buyer at market value and requested an extension until 2010 that the IRS granted.

[citation needed] In 2006, CEO Brian Kovalchuk resigned and the board replaced him with Kevin Kotecki.

Kotecki swiftly moved the Pabst Brewing Company and its roughly 100 headquarters personnel to Woodridge, Illinois, a Chicago suburb.

[23] Pabst retains a data center in San Antonio, Texas, the previous location of its headquarters.

Pabst's shuttered brewery complex in Milwaukee was targeted to be redeveloped into restaurants, entertainment venues, stores, housing and offices.

[24] Pabst Brewing Company announced November 13, 2014 that it had completed its sale to Blue Ribbon Intermediate Holdings, LLC.

Blue Ribbon is a partnership between American beer entrepreneur Eugene Kashper and TSG Consumer Partners, a San Francisco–based private equity firm.

[25] This project was completed in Spring 2017, with the taproom featuring both newly developed and historic beers in the Pabst portfolio.

[34] The transition of production from Molson Coors to City Brewing was underway in 2022 and is expected to finish by the end of 2024.

[44] The company is also responsible for the brewing of Ice Man Malt Liquor, St. Ides High Gravity Malt Liquor, and retail versions of beers from McSorley's Old Ale House and Southampton Publick House (of Southampton, New York).

Colt 45 is a brand of malt liquor first produced in 1963 by the National Brewing Company in Baltimore, Maryland.

St. Ides gained prominence during the late 1980s and early 1990s through the company's use of celebrity endorsements by rap artists such as Ice Cube, 2Pac, Dr. Dre, Snoop Dogg, Scarface, The Notorious B.I.G., and Method Man & Redman.

Old Style was first brewed in 1902 by the G. Heileman Brewing Company in La Crosse, Wisconsin, under the name Old Style Lager; it was popular in Wisconsin, the Chicago metro area, Minnesota, eastern Iowa, Lincoln, Nebraska, southwestern Michigan, Upper Michigan, and Fargo and Grand Forks, North Dakota.

The original Heileman's Old Style brewery in La Crosse is now owned by the City Brewing Company.

It brews La Crosse Lager, which is based upon the original Old Style recipe and is kräusened for 30 days.

It was Lone Star Brewing Company's main brand and marketed as "The National Beer of Texas".

A Sacramento resident filed a class-action lawsuit against Pabst in 2018 for allegations of false advertising due to the depiction of Tumwater Falls and the slogan "It's the water" on Olympia's bottles despite the beer being brewed using water from the San Gabriel Valley in Southern California.

After years of average sales, the brand saw significant growth in the early 1980s due to creative marketing campaigns.