Consumers and investors are taking notice of the pickle and fermented foods sector. With its credentials as a healthy, low-calorie snack and vehicle for an increasing array of more intense and ethnic flavors, the sector plays to several mega-trends in food and beverage. Deal activity in the sector has been robust, which we expect to continue as active players are looking to scale and invest in the category. Intrepid was proud to participate in this activity, representing Bubbies Fine Foods in its sale to Fermented Foods Holdings. We remain close to the sector and its key players and look forward to sharing our thoughts and perspectives with you.