They are a newly organized, blank check company. While they may pursue an initial business combination target in any stage of its corporate evolution or in any industry, sector or geographic location (subject to certain limitations described in this prospectus), they intend to focus their search in the North American and European industrials sector. They intend to source initial business combination opportunities through their management team’s extensive network of industrials sector business owners, public and private company executives and board members, investment bankers, private equity and debt investors, high net worth families and their advisors, commercial bankers, attorneys, management consultants, accountants and other transaction intermediaries. They believe this approach, as well as their management team’s recognized track record of completing acquisitions across a variety of subsectors within the industrials sector will provide meaningful opportunities to drive value creation for shareholders. Their directors have significant experience with acquisitions, divestitures and corporate strategy and implementation, as well as the public markets, which they believe will meaningfully benefit them as they evaluate potential initial business combinations, as well as after completing an initial business combination, to the extent they remain on their board of directors following the completion of their initial business combination.