PEOPLE

Fred C. Sands, Chairman and Senior Managing Director

Mr. Sands is the Senior Managing Director of Vintage Fund Management. In addition to forming VFM, Mr. Sands is also the founder and chairman of Vintage Capital Group, LLC (“VCG”). Mr. Sands has been active for the last twenty years acquiring underperforming middle market companies in a variety of industries and successfully turning them around. He has achieved a 37% annual internal rate of return on these investments with a holding period of up to ten years and, more importantly, achieved an 8.6x cash-on-cash return. He was named one of the top 25 CEOs of the decade by California Business Magazine.

For decades, Mr. Sands was the Chairman and CEO of the second largest real estate and financial services company in California, including wholly-owned and operated entities in the areas of title insurance, home warranty, mortgage banking and escrow, with 3,000 agents and 1,000 salaried people employed in 67 offices (including franchised operations) generating $9.4 billion in volume per year. The company, excluding the franchised operations, was ultimately merged into Coldwell Banker. Mr. Sands was also Chairman of Sands Commercial, which was one of the top ten commercial brokerages in Los Angeles. In 1997, Mr. Sands merged this company into the Charles Dunn Company.

Mr. Sands was appointed by President George W. Bush to the President’s Advisory Committee on the Arts and serves on its finance committee, and liaison to The Kennedy Center. In addition, he was appointed to the California Arts Council by Governor Arnold Schwarzenegger. Mr. Sands is a founder and currently serves as a Trustee of the Museum of Contemporary Art, and is also a member of its investment committee. Mr. Sands is on the Board of Directors of the Los Angeles Opera, serving on its executive committee, as well as its investment committee. He is also on the Board of Chrysalis, a charity that rehabilitates homeless people. Mr. Sands attended UCLA.

Mark A. Sampson, Managing Director

Mark Sampson is a co-founder and Managing Partner of Vintage Fund Management, LLC. At Vintage, Mr. Sampson is responsible for all the private equity investment activities and the day to day management of the firm.

Since 1998 Mr. Sampson has led all aspects of the investment process including sourcing, structuring, due diligence, closing, post closing portfolio management and value enhancement process, realizations, as well as strategic planning and fund raising. Mr. Sampson has successfully completed management led buyouts, minority and majority recapitalizations, restructurings, corporate divestitures, as well as internal or acquisitive growth financings covering a wide variety of industries. Currently Mr. Sampson is on the board of directors of eScreen, PCA Aerospace, Channel M, Inc., and Avioserv, and heads the business review operating committees on behalf of Vintage for Lubricating Specialties Company.

Prior to founding Vintage Fund Management Mr. Sampson was co-founder and Partner of Bison Capital Management and a Partner at Levine Leichtman Capital Partners. Prior to 1998 Mr. Sampson was a Vice President in the Corporate Investment Banking Department of Credit Suisse First Boston as well as being named head of the west coast credit product group managing in excess of $3 billion of commitments. Mr. Sampson began his career in middle market leveraged lending in 1987.

Mr. Sampson graduated with a Bachelor of Arts from the University of California, Berkeley and received his Master in Business Administration from the Pepperdine University Graziadio School of Business and Management. Mr. Sampson currently participates in the Los Angeles chapter of the Association for Corporate Growth and has been an honorary Chairman of the Los Angeles Chapter for the City of Hope since 2003. Mr. Sampson has been an active speaker in the private equity industry including speaking at venues such as the ACG M&A Conference and Private Equity Roundtable forum, Fulcrum Institute, Financial Executive Forum, Atlantic Mezzanine Conference, UCLA Andersen School of Business and The Harvard Business School.

Henry J. Brandon, Managing Director

Mr. Brandon, Managing Director of Vintage Fund Management, brings more than sixteen years of experience investing in and operating middle market companies. Prior to joining VFM, Mr. Brandon was Chief Financial Officer and Senior Vice President at Leeward Islands Lottery Holding Company, a privately-held operator of lottery gaming operations in the Caribbean that was successfully exited. Previously, Mr. Brandon spent over seven years as a Principal of William E. Simon & Sons, a global private equity firm, and Mr. Brandon began his career at Citibank Capital Markets in the Sponsor Management, Restructuring, and Leveraged Syndication Groups. He has previously served on the Boards of Pacific Precision Metals, Do+Able Products, Creative Optics, ION Media Networks, Lincoln Family Life Center, and The Riordan Program at the UCLA Anderson School of Management. Currently, Mr. Brandon heads the business review operating committee of ATS Systems, Inc. on behalf of Vintage Fund Management and sits on the Board of Avioserv San Diego, Inc., PCA Aerospace and board observe of Channel M, Inc.

Mr. Brandon graduated with a Bachelor of Arts from Stanford University and received his Master in Business Administration from the UCLA Anderson School of Management. Mr. Brandon is married with two children, participated on two NCAA national champion tennis teams, is a former professional tennis player, and enjoys golf.

Jeremy R. Holland, Principal

Mr. Holland, a Principal of Vintage Fund Management, has been a private equity investor for the past ten years. Prior to joining Vintage, Mr. Holland was a Principal of Wedbush Capital Partners, a Los Angeles-based, $120 million, lower middle-market private equity fund. During his six years with Wedbush, he completed investments and monitored portfolio companies across numerous industries, including consumer products, business services and manufacturing. His experience with Wedbush varied across traditional leveraged private equity transactions, growth investments and investing in micro-cap public companies. Prior to Wedbush, Mr. Holland was an Associate with Buttonwood Capital Group, a Los Angeles based private equity firm specializing in middle market leveraged buyout and leveraged buildup strategies. Buttonwood successfully invested across several industries including distribution, manufacturing and business services.

Mr. Holland graduated with a Bachelor of Science from California State University, Northridge. He is a member of the Seattle, Portland and Los Angeles chapters of the Association for Corporate Growth and participates as a guest speaker to business students at Pepperdine’s Graziadio School of Business and Management and CSU-Northridge’s College of Business and Economics. Mr. Holland is married and currently resides in Encino.

Thomas G. Webster, Senior Associate

A Senior Associate of Vintage Capital Partners, Mr. Webster has over ten years of experience in the middle market including transaction advisory work, principal investing, and operating expertise. Prior to joining Vintage Mr. Webster was Director of Planning and Assistant to the President of Eldorado Stone, a leading manufacturer of architectural stone veneer. Mr. Webster provided support in all functional groups including finance, sales/marketing, manufacturing and administration. During his tenure at Eldorado, Mr. Webster coordinated and provided leadership in the completion of several acquisitions as well post acquisition integration. Prior to Eldorado Stone, Mr. Webster was a Senior Analyst at Graham Partners, a leading private investment fund headquartered in Pennsylvania. While at Graham, Mr. Webster participated in all aspects of the investment process including business and financial due diligence, transaction structuring and complex financial modeling. Mr. Webster began his career at a Senior Consultant in the Transaction Advisory Group of Arthur Andersen performing analytics and transaction due diligence for both financial and strategic buyers.

Mr. Webster graduated with a Bachelor of Arts from Northwestern University.