Mr. Davies started his career with Coopers & Lybrand, an international accounting and consulting services firm. He subsequently joined the Progressive Corporation and was the President and General Manager of Progressive's Diversified Business Group, a specialty underwriting and insurance services operation. John left Progressive to become the CEO of Netrex, LLC, a New York based private equity investment firm specializing in buying and developing insurance and auto related businesses. In 2001, Mr. Davies and Patrick Enthoven, his long time friend and business partner, founded Merrymeeting, Inc. Merrymeeting has subsequently focused on acquiring and developing franchise systems and related service companies. Mr. Davies earned a BS in Economics from the University of Kentucky and his MBA from the University of Pittsburgh. He also holds the following professional certifications: Certified Public Accountant (CPA), Chartered Property and Casualty Underwriter (CPCU), Chartered Life Underwriter (CLU) and Chartered Financial Consultant (ChFC). Mr. Davies is also a licensed insurance broker. Mr. Davies enjoys spending his time golfing, competing in marathons and traveling with his family. He and his wife, Allyn, have two children.