Our Team
Bob Boyd
Bob is a serial entrepreneur with 25 years of leadership experience in growing businesses and creating wealth for investors, management and employees. Most recently, Bob served as President and CEO of Agility Recovery Solutions. Under Bob’s leadership, Agility became the largest and most successful disaster recovery service provider to organizations of all sizes in North America. The company went from having 300 clients to over 20,000 during his tenure with Agility. The investors in Agility experienced in excess of a 10-times return on their investment when the company was sold in 2015.
Prior to Agility, Bob was the Vice President and General Manager of Muzak, where he managed the Mid-Atlantic Region as well as developed and grew the company’s fastest growing product line called Voice, a message-on-hold service. Voice's customer base grew to 80,000 customers under Bob’s leadership, and Muzak became the dominant provider in the industry.
Currently, Bob works with several private equity firms, family funds, and middle-market debt and equity investment firms. He is an operating partner who provides deal flow, board membership, due diligence, and expert assistance. In addition, Bob works with portfolio companies to develop and maximize revenue streams, create robust sales teams, and focus on developing talent.
Bob sits on the Board of Directors for Focus 4 Media, Agility Recovery Solutions, and Hornet Holdco. He is also the co-founder of Rule of 78, providing strategic assistance to recurring billing organizations in order to maximize their growth potential and EBITDA. Rule of 78 also manages several family trust investments. Bob serves as a member of the Council of Entrepreneurs and Operators for Driehaus Private Equity.
Bob received his BS in Economics from Davidson College, and an MBA from the McColl School of Business. He lives in Charlotte with his wife Maurya and two sons, Nick and Will. When not at work, Bob is most likely to be with his family watching a soccer or wrestling match, or hiking in the mountains near Blowing Rock. Bob was named a finalist for the Ernst & Young Entrepreneur of the Year in 2015.
Bill Boyd
Bill Boyd is a veteran executive, with over 40 years of experience as an executive leader, entrepreneur, and private investor.
Bill's executive leadership experience includes Chairman and CEO roles at such leading companies as Muzak (the world's largest audio architecture firm), Agility Recovery Solutions (the leading provider of business continuity and disaster recovery services), Broadcast International (a broadband distribution and video compression technology company), and ScentAir Technologies (the world's largest provider of on-location, scent-based marketing solutions).
Bill's early career included management roles at Procter & Gamble and AT&T, before joining Muzak and serving in multiple leadership roles, including as CEO of both the corporate parent and the company's largest franchise. During his tenure as CEO, he increased Muzak's corporate revenues from $80 million to over $250 million, before selling the company to ABRY Partners. Since the sale of Muzak, Bill has been an active entrepreneur and investor.
Bill has served as an Executive in Residence at the McColl School of Business at Queens University, as well as a frequent lecturer at Beloit College and Davidson College. He is a former member of the selection committee for the Ernst & Young Entrepreneur of the Year Award, of which he was the recipient in 2005. Bill is a partner at Salem Investment Partners, and a member of the Council of Entrepreneurs and Operators for Driehaus Private Equity.
Bill received his BA in Government from Beloit College, and also studied at the United Nations in Geneva, Switzerland.
Andy Boyd
Andy assists the portfolio companies with their sales strategy and sales operations. He is a salesman by birth. He traces his appreciation for the profession back to his great-grandfather who sold cars to feed his family during The Depression.
Andy built his career at Agility Recovery, a former division of GE, where he led the company through a transition from a traditional field-based sales team to a highly profitable, scalable inside sales organization. He most recently served as Vice President of Agility Labs, a role that included responsibility for the inside sales organization as well as the reinvention of the Business Development and the Channel Programs. In March of 2015, Agility sold to a private equity firm for nearly 18X EBITA.
Andy has served as an advisor for several startups in Boulder and San Francisco. He is currently a Co-Founder of Rule of 78, a company focused on helping organizations fuel their growth.
He has a B.A. in Religious Studies from the University of Colorado and lives in Boulder. Andy and his wife, Jenny, recently returned from a round-the-world Victory Lap with their 6-year old son.