Park Avenue Equity Partners

William E. Mayer is a Managing Director of Source Companies, LLC. For forty years, Mr. Mayer has had a successful career in investment banking and financial advisory activities, as well as educational and philanthropic initiatives. He is well-known for the advisory guidance and transactional assistance he has provided to many significant business-owning families. He is experienced in matters related to corporate finance, public offerings, private equity, acquisitions and mergers, business governance, management team development, divestitures and exit planning. Mr. Mayer is also a Managing Director of de Visscher & Co., which is one of the Business Growth Alliance founding firms, the Senior Partner of Park Avenue Equity Partners, a private equity firm he founded in 1999, and a principal in Arrow Equity Advisors, LLC. Continuing his long-term innovation in the capital markets, with both Park Avenue and Arrow Equity Advisors, Mr. Mayer has now created new private equity business models to provide greater long-term capital support and innovative ownership structures for family-owned and closely-held medium sized business. From 1997 until the formation of Park Avenue, Mr. Mayer was a founding Partner of Development Capital, which invested in private and public companies. From 1992 until December 1996, Mr. Mayer was a professor and Dean of the College of Business and Management at the University of Maryland. From 1991 to 1992, he served as a professor and Dean of the Simon Graduate School of Business at the University of Rochester. Until January 1991, Mr. Mayer worked for The First Boston Corporation (now Credit Suisse), a major global investment bank. During Mr. Mayer's 23 year career at First Boston, he held numerous management positions including President and Chief Executive Officer. Mr. Mayer is currently a board member of the following public companies: Lee Enterprises, Reader's Digest, and is a trustee of the Columbia Group of Mutual Funds. Over the past 25 years, he has been a board member of numerous other public and private companies. Mr. Mayer was Chairman of the Aspen Institute for six years. He stepped down as chair in September 2006 and is currently on its Executive Committee. In July 2006, Mr. Mayer became Chairman of the Board of the University of Maryland, College Park, Maryland. Mr. Mayer was a First Lieutenant in the U.S. Air Force. He holds a BS and an MBA from the University of Maryland.

Daniel J. Kinder has close to a decade of experience in advising both public and private companies and executing LBO transactions. Mr. Kinder has completed 15 principal transactions in these capacities and over 25 transactions in total. Mr. Kinder joined Park Avenue Equity in 2002. He began as an associate, was promoted to principal and made partner in 2006 for Fund II. In various capacities, Mr. Kinder has sourced, structured, closed and monitored the last three investments Park Avenue Equity Partners has closed. He has served on the board of directors of three of Park Avenue Equity's Fund I portfolio companies (Meyer Material, Impact Products and Liberty Tire Services). Prior to joining Park Avenue Equity, Mr. Kinder worked in Credit Suisse First Boston's Financial Institutions Group (Investment Banking). At CSFB, Mr. Kinder executed 15 transactions including, buy and sell side M&A transactions, hostile defenses, private equity infusions and public market debt transactions. Mr. Kinder worked on the 1996 Nicholson for US Senate (Michigan) campaign and the 1997 British general election campaign. He is the Chairman of the charity: water foundation. Mr. Kinder received his BA, with Honors, from The School of Politics at the University of Liverpool, Great Britain.