They are a new blank check company. While they may pursue an initial business combination target in any industry or sector, they intend to focus their search on investment opportunities in the leisure, craft brewing and distilling, automotive and distribution sectors. In addition, although they may pursue an acquisition in any industry, sector or geography, they intend to capitalize on the ability of their management team and their sponsor’s broader operating platform to identify, acquire and operate a business that may provide opportunities for attractive returns and long-term growth. They intend to identify and acquire a business that could benefit from an owner with extensive investment and operational expertise. They believe that even fundamentally sound companies with mature operational history can often underperform their long-term potential due to underinvestment, inadequate technology and/or systems, inefficient capital allocation, over-leveraged capital structures, excessive cost structures, incomplete management teams and/or inappropriate or narrowly focused business strategies. Their management team, sponsor and directors all have extensive experience in identifying and executing such full potential acquisitions across industries and business cycles.