We have two partners at the core of The Legacy Network who take an active role in managing each company in our portfolio. In addition, we have a large number of senior leaders who also have the senior management skills to lead and grow a small to mid-sized business and who may step into a leadership role in a company we acquire. We have over 10 senior leaders managing companies in our portfolio and we have over a dozen additional senior leaders ready to step into to help run future acquisitions. Everyone who is a part of The Legacy Network is committed to the values at the heart of our organization and each of us will invest our time and energy to helping our companies improve core operations and drive renewed growth.

With each company in which The Legacy Network invests, at least one of the partners will be significantly involved in both the acquisition and the ongoing operations of the company. We may also draw on our strong network of Senior Leaders to invite them to join us in the day-to-day running of the business.

Across our partners, our senior leaders and our investors/advisors, we have a deep set of businessmen with experience across a range of vertical markets and multiple operating capabilities. This network of relationships will enable us to successfully build up and grow your business legacy.

Background biographical information on each partner is provided in more detail below, along with brief background sketches of a few of our Senior Leaders. More detail on our Investors/Advisors is included under Our Investors.

Kevin Murdock
Richard Ryan

Kevin Murdock
Mr. Kevin Murdock founded The Legacy Network in 2005 with the purpose of developing a
network of practical business leaders who are committed to being owner-operators and who
desire to build up the legacy of the founder/owner of the company they purchase. He has
significant experience understanding the needs of small to mid-sized business, growing up in
a family that has done extensive work with those businesses. Prior to founding The Legacy
Network, Mr. Murdock spent seven years with McKinsey & Company, a premier global
consulting firm, advising senior management on their most challenging problems and leading
performance improvement programs. His work includes operations improvement, mergers
and acquisitions, growth strategy, sales and marketing performance improvement, and new
product launch.

Mr. Murdock graduated in 1989 from Princeton University with a degree in Operations Research
and minors in Engineering Physics and Public Policy. He has a graduate degree from Stanford
University and has taught strategic management at Stanford Business School. He also served
on the Land and Buildings Committee of the Stanford Board of Trustees where he played an
oversight role for the construction of over a dozen new buildings and the ongoing repair efforts
for damage due to the Loma Prieta earthquake.

Richard Ryan
Mr. Richard Ryan founded Thayer Bancroft, a small private LBO operation, in 2003 and acquired
Ridgeline Industries in 2004 where he currently serves as President and General Manager. He
has participated in or advised numerous small business transactions with the express intent of
building on the value created by small business owners to improve the long term sustainability
of the organization. Prior to founding Thayer Bancroft, Mr. Ryan spent nearly four years with
McKinsey & Company, a premier global consulting firm, advising senior management on their
most challenging problems. His work includes operations improvement, mergers and
acquisitions, bankruptcy turnaround, and growth strategy both domestically and abroad

Mr. Ryan graduated in 1991 from The United States Military Academy at West Point with a
degree in Management and Minor in Systems Engineering. He went on to serve for over 7
years in the aviation branch of the Army culminating his career with a command of over 100
soldiers in the operations, logistics and maintenance of 32 advanced helicopters valued at over
$200 million. Upon leaving the military, Mr. Ryan attended Cornell’s Johnson Graduate School
of Management where he earned his Masters in Business Administration and was a Texaco Scholar.

Our Senior Leaders
Our senior leaders are like-minded colleagues who share our values and desire to be owner-operators in their own right. We have included them in our network because we believe in their ability to lead a small to mid-sized company and because of their demonstrated track record across a wide range of situations. Our Senior Leaders come from a variety of backgrounds, but most of them fit one of two main profiles:

• Career of successive responsibility working for a few different small to mid-sized companies. Range of functional experience including roles across sales, marketing, finance, operations and product development. Demonstrated record of success leading to taking the General Manager role at their current firm. 
  
  

• Early career responsibility in a range of operating roles leading to an MBA at a top-tier business school. Series of successive roles generally with Fortune 500-class companies leading performance improvement programs and driving new growth initiatives. Demonstrated track record of performance across these roles driven by a focus on helping companies improve their capabilities.

The Legacy Network has assembled values-driven team of people who all believe that you do the right thing and then the money will take care of itself. Each member of our team has the senior management skills to lead the companies that we purchase and the passion to spur the business to greater performance. When you meet with one of us in person, we believe that you will be confident that you can entrust the future of your legacy in our hands.