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The firm is continually evaluating the industries it proactively pursues, and is currently pursuing opportunities in the following sectors:
o Telephone Companies.
o Cable Television Companies.
o Early stage growth companies in convergence enabling technologies.
o Manufacturing in most all industrial sectors.
o Restuarant and Food Service.
Morningstar’s strategy is to proactively identify investments within these industry sectors possessing strong fundamentals. Within the sectors of interest, we target companies with embedded Franchise Value — those sustainable and differentiating characteristics that create strategic value and the opportunity to build industry leading companies with strong growth and profit margins. A key to Morningstar’s strategy is its strong partnerships with management. We will partner with an incumbent management team already in place at a business and commit to work to support that management team and our equity partners to build additional value post-investment. This will be achieved both by a vital and dedicated focus on organic growth and also by building onto the existing platform through additional strategic acquisitions.
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