CONFIDENTIAL

McCombs EnterprisesCompany Overview

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Introduction

Red McCombs is the founder of the Red McCombs Automotive

Group, a co-founder of Clear Channel Communications, a former

owner of the San Antonio Spurs, Denver Nuggets, and the

Minnesota Vikings, and the namesake of the McCombs School of

Business at the University of Texas at Austin

He is a long-standing member of Forbes magazine’s top 400 richest

Americans and has owned nearly 400 businesses during his career

In addition to the automobile and sports businesses, McCombs is a

successful developer of real estate, has built a successful oil and gas

energy company, and is an astute private equity / venture capital

investor

McCombs Partners serves as the investment management division of McCombs Enterprises, the family office of Red McCombs

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Timeline of Red McCombs’ Career

1927

Red McCombs was born in Spur, TX

2010

Announced financial backing for bringing Formula One to Austin, TX

1950

Opened first Ford dealership in Corpus Christi, TX

Mid-1960s

Partnered with Bill Forney and entered into the Energy E&P business

1998

Forney & McCombs consolidated into McCombs Energy

2000

Pledged $50MM to the University of Texas for the newly named McCombs School of Business

1940s

Attended Southwestern University, served in the Army, and attended business and law school at the University of Texas

1958

Moved to San Antonio and formed Red McCombs Automotive

1972

Co-founded, with the Lowry Mays family, a radio station that, in time, became Clear Channel Communications

1997

Red McCombs and Bart Koontz joined forces in 1997 to form Koontz McCombs

1998

Purchased Minnesota Vikings

1920s 1930s 1940s 1950s 1960s 1970s 1980s 1990s 2000s 2010s

1972

Purchased San Antonio Spurs (bought the team a second time in 1988)

1982

Purchased Denver Nuggets

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McCombs Enterprises Organizational Chart

McCombs Enterprises

Automotive / Retail

McCombs Energy Real Estate McCombs

Partners

McCombs Foundation

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McCombs Automotive / Retail

His career began in 1950, and since then he has owned and represented

almost every brand of vehicle

─ The operations have included retail dealerships as well as importation

and distribution of Japanese and Korean vehicles

McCombs Automotive ranked 6th in the U.S. in sales in 1998, exceeding

$1.7 billion in revenues, with more than 100 locations

In addition to serving two terms as Chairman of the Ford Dealer Council,

and consistently ranking in the Top 100 Dealers in the United States,

McCombs has also been inducted into the National Automobile Dealers

Association Hall of Fame

Each of his auto dealerships has earned national recognition awards for sales

and service excellence

McCombs is recognized as one of the leading automobile dealers in the United States

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McCombs Energy

Red McCombs has been active in the oil industry for over 50 years,

however, his significant commitment to the exploration and production

areas of the industry began in the mid 1960's during his early business

relationship with Bill Forney

Eventually, McCombs’ long-standing partnership with Mr. Forney evolved

into Forney & McCombs, and on January 1, 1998, the separate oil and gas

assets of Forney Oil and McCombs were consolidated into McCombs

Energy

McCombs Energy engages in both onshore and offshore oil and gas

exploration and production from New Mexico to Florida

The company actively reviews many exploration ideas and prospects

generated by independent geologists and other companies, and also invests

directly as a working interest owner with other companies that operate

McCombs Energy is a privately owned oil and gas exploration and production company that is based in Houston, Texas

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McCombs Real Estate

McCombs has participated in over $1.5 billion of real estate transactions in the past

10 years

McCombs’ properties include apartment residences, condominiums, office

buildings, resorts, and land development

McCombs’ real estate group also includes Koontz McCombs, a multi-faceted

commercial real estate development, construction and brokerage firm established in

1997 and based in San Antonio, TX

─ Koontz McCombs currently has active projects in San Antonio, Austin and

Houston and has been involved in the development, acquisition or

construction of over 5,000,000 square feet of commercial property

─ These properties range from office, industrial/flex space multi-family projects

and single tenant retail to build-to-suits for some of the nation’s leading

businesses

McCombs is a successful investor and developer of real estate

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McCombs Partners

The core focus of McCombs Partners is assisting emerging growth companies with mergers

and acquisitions, raising capital, and providing restructuring services

Our portfolio includes leaders in everything from a super-premium, organic tequila to the

Circuit of the Americas, which will be the first purpose-built Grand Prix facility in the United

States

McCombs Partners is driven to succeed by following a simple investment and operating

strategy

1) Invest in smart ideas, well-positioned opportunities and great people

2) Leverage our experience, expertise and relationships to develop partnerships and

accelerate growth opportunities for our partner companies

3) Provide our partner companies with the required resources, both financial and strategic,

to ensure success

4) Maximize the opportunities and challenges of each day through the words and actions

of Red McCombs: “Expect to Win, Prepare to Win, Execute to Win”

McCombs Partners provides investment capital and advisory services to investors in private technology, consumer and industrial businesses

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Financial Services Portfolio Companies

Owner: Jim Blasius

Location: Southfield, MI

Description : Autovest is a specialty investment company acquiring distressed consumer finance and automotive loans.

Operating throughout the United States, Autovest specializes in the collection of bankrupt, post-charge

off and judgment accounts through an in-house collection platform which has outperformed that of its competitors for nearly 20 years.

Founders: Roy and Bertrand Sosa

Location: Austin, TX

Description : The Company has built a global network designed specifically to innovate cutting-edge, end-to-end

payment solutions that bring financial empowerment to underserved markets.

Autovest, LLC

Rêv Worldwide

CEO: Jack Nelson

Location: San Antonio, TX

Description: Propel Financial Services, LLC is a specialty finance company founded in 2007. Propel’s primary focus is property tax refinancing for commercial and

residential properties. Through partnerships, originations, and acquisitions, Propel has quickly become the market

leader in property tax refinancing. Propel differentiates itself from other property tax finance companies by its

competitive rates, flexible refinancing options, and efficient processes.

CEO: Bob Wenschenk

Location: Des Moines, IA

Description : SmartyPig is an online banking platform that allows customers to open goal-based savings accounts. The Company has enjoyed tremendous growth having

drawn in more than $350 million in U.S. deposits to date without any advertising expenditures. Beyond the United States, the company launched its international banking platform in 2009.

Propel Financial Services, LLC

SmartyPig

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Automotive Technology Portfolio Companies

CEO: Stuart Lloyd

Location: Plano, TX

Description : ClickMotive is the only company to deliver the powerful combination of website design, video, dynamic search, and Mobile websites – in a single product, on a single

platform, for one low cost, using 100% in-house technology. ClickMotive services some of the most recognized names in the auto industry, including

Toyota, Ford, American Honda, AutoNation, and thousands of individual dealers and groups. Led by the former owners of Third Coast Media and the former Vice President of RWS, ClickMotive combines powerful tech savvy with years of experience at all levels of the automotive industry.

ClickMotiveOwnership: Acquired by Autotrader.com in 2010

Location: West Chester, PA

Description: HomeNet Automotive helps the automobile industry save time and sell more vehicles. It is the leading

provider of inventory merchandising, management and marketing services, led by its flagship product, Inventory Online (IOL) Internet Marketing Suite. IOL is a web-

based vehicle marketing solution that helps tens of thousands of automotive dealers to engage buyers

online and bring them into the showroom ready to buy by streamlining the process of converting raw vehicle

data into consumer-friendly and emotional online ads. With 135 employees, HomeNet has garnered a spot on the “Inc. 1000” for the second year in a row, its third recognition by the prestigious magazine in as many years.

HomeNet Automotive

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Security Portfolio Company

Xe is the pre-eminent global provider of training and technical services focused on counterterrorism, forced

protection, law enforcement and security operations

Across its four vertically integrated business divisions – domestic training, international training, security

services and logistics – Xe serves the U.S. Department of State, the U.S. Department of Defense, U.S. Navy,

numerous law enforcement and intelligence organizations/agencies, and select commercial customers

Xe’s proven ability to provide turnkey, end-to-end training and technical services, along with its unmatched

track record of exceptional performance, has enabled the company to establish a competitive advantage well

recognized by its customers

Founded in 1997, with concentrated focus on delivering unique and customized training to the special

operations community, Xe has grown quickly over the past ten years, while significantly diversifying its

service offering, to become the premier provider of stability services and training through innovation,

delivery efficiency and strong mission accountability of all Xe team members

Headquartered in Moyack, NC, Xe employs approximately 435 full-time and 135 part-time employees

─ The vast majority of these employees are based in Moyock and directly support Xe’s training efforts

─ Xe also utilizes approximately 700 U.S. independent contractors as trainers and security professionals

for overseas contract execution

Xe Services LLC

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Formula One Investment

Circuit of the Americas will be a world-class destination for performance, education and business

It will be the first purpose-built Grand Prix facility in the United States designed for any and all classes of

racing, from motor power to human power, and be the U.S. home to both the Formula 1 and MotoGP Grand

Prix World Championships

The Circuit of the Americas master plan features a variety of permanent structures designed for business,

education, entertainment and race use

─ Its signature element will be a 3.4-mile circuit track with capacity for 120,000 fans

─ Other support buildings will include a medical trauma and care training facility, 14 executive meeting

suites, a conference center, a banquet hall as well as an expansive outdoor live music space

─ Future proposed amenities include a driving/riding experience, a motorsports driving club, kart track,

grand plaza event center and tower, and a trackside recreational vehicle park

Circuit of The Americas is ideally situated on a 1000-acre site in southeast Austin, approximately two miles

from Austin Bergstrom International Airport, with scenic views of downtown

In 2010, the Texas Comptroller’s office estimated that an Austin F1 United States Grand Prix race could

generate a total economic impact approaching $300 million annually in Central Texas

Circuit of the Americas

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Other Portfolio Companies

Commerce Capital Partners

San Antonio, TX

Datavision Resources

Carlisle, IA

Dulce Vida Spirits

Austin, TX

Emergent Technologies, Inc.

Austin, TX

Digital Blue

Atlanta, GA

Genteral LED

San Antonio, TX

Media Excel

Austin, TX

Patton Medical Devices

Austin, TX

QT Technologies

Dallas, TX

MPOWER Ventures

Austin, TX

San Jacinto Partners

Dallas, TX

The Lynd Company

San Antonio, TX

W Capital Partners

Austin, TX

TouchTunes Interactive Networks

New York, NY

Hal Jones Development

Austin, TX

Shoutz Inc.

Austin, TX

NRC Group, LLC

San Antonio, TX

NRC Group

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Corporate Growth and Development

While McCombs Partners invests in a range of different industries, we look for businesses with

a common set of characteristics:

─ Scalable business models

─ Favorable industry dynamics

─ Pricing power

─ High gross margin

─ Strong free cash flow generation

─ Stable regulatory environment

─ Located in a well-educated country with a competent and receptive work force

─ Sufficient natural resources and infrastructure to sustain business growth

─ Access to water, roads, telecommunications, IT, etc.

McCombs Partners has a strong track record of working closely with our partner companies to optimize growth and unlock long-term value

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