They are a blank check company. While they may pursue an initial business combination target in any industry or geographic region, they will seek to capitalize on the operational and investment experience of their management team and focus on companies that they believe have significant growth prospects with the potential to generate attractive returns for their stockholders. They intend to initially focus on companies with an enterprise value range of $500 million to $2 billion, depending on market opportunities for liquidity, that have strong historical earnings and are essential to the United States economy. This includes, but is not limited to healthcare, education and business services. They intend to seek partnership with family-owned or founder-led businesses and industry-leading, tenured management teams looking to continue their significant ownership in the business that they have built for the long-term. They intend to support the founders and management through the unique challenges of transitioning into a public company, and will assist with enhancing their merger and acquisition capabilities with the additional tools available to a public company. Banner Ventures is a private investment firm that delivers partnership capital to growth-stage ventures and transitioning family-owned businesses alike.