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		<issuerName>HEICO CORPORATION</issuerName>
		<cusip>422806208</cusip>
		<isin>US4228062083</isin>
		<meetingDate>3/14/2025</meetingDate>
		<voteDescription>14A Executive Compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<otherVoteDescription>ADVISORY APPROVAL OF THE COMPANY'S EXECUTIVE COMPENSATION. </otherVoteDescription>
		<voteSource>ISSUER</voteSource>
		<sharesVoted>64084</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
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			<howVoted>FOR</howVoted>
			<sharesVoted>64084</sharesVoted>
			<managementRecommendation>FOR</managementRecommendation>
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	<proxyTable>
		<issuerName>HEICO CORPORATION</issuerName>
		<cusip>422806208</cusip>
		<isin>US4228062083</isin>
		<meetingDate>3/14/2025</meetingDate>
		<voteDescription>14A Executive Compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<otherVoteDescription>ADVISORY APPROVAL OF THE COMPANY'S EXECUTIVE COMPENSATION. </otherVoteDescription>
		<voteSource>ISSUER</voteSource>
		<sharesVoted>20221</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
		<vote>
			<voteRecord>
			<howVoted>FOR</howVoted>
			<sharesVoted>20221</sharesVoted>
			<managementRecommendation>FOR</managementRecommendation>
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	<proxyTable>
		<issuerName>MOODY'S CORPORATION</issuerName>
		<cusip>615369105</cusip>
		<isin>US6153691059</isin>
		<meetingDate>4/15/2025</meetingDate>
		<voteDescription>14A Executive Compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<otherVoteDescription>Advisory resolution approving executive compensation. </otherVoteDescription>
		<voteSource>ISSUER</voteSource>
		<sharesVoted>7880</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
		<vote>
			<voteRecord>
			<howVoted>FOR</howVoted>
			<sharesVoted>7880</sharesVoted>
			<managementRecommendation>FOR</managementRecommendation>
			</voteRecord>
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	<proxyTable>
		<issuerName>MOODY'S CORPORATION</issuerName>
		<cusip>615369105</cusip>
		<isin>US6153691059</isin>
		<meetingDate>4/15/2025</meetingDate>
		<voteDescription>14A Executive Compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<otherVoteDescription>Advisory resolution approving executive compensation. </otherVoteDescription>
		<voteSource>ISSUER</voteSource>
		<sharesVoted>1909</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
		<vote>
			<voteRecord>
			<howVoted>FOR</howVoted>
			<sharesVoted>1909</sharesVoted>
			<managementRecommendation>FOR</managementRecommendation>
			</voteRecord>
		</vote>
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	<proxyTable>
		<issuerName>INTERACTIVE BROKERS GROUP, INC.</issuerName>
		<cusip>45841N107</cusip>
		<isin>US45841N1072</isin>
		<meetingDate>4/17/2025</meetingDate>
		<voteDescription>14A Executive Compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<otherVoteDescription>To approve, by non-binding vote, executive compensation. </otherVoteDescription>
		<voteSource>ISSUER</voteSource>
		<sharesVoted>75978</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
		<vote>
			<voteRecord>
			<howVoted>FOR</howVoted>
			<sharesVoted>75978</sharesVoted>
			<managementRecommendation>FOR</managementRecommendation>
			</voteRecord>
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	<proxyTable>
		<issuerName>INTERACTIVE BROKERS GROUP, INC.</issuerName>
		<cusip>45841N107</cusip>
		<isin>US45841N1072</isin>
		<meetingDate>4/17/2025</meetingDate>
		<voteDescription>14A Executive Compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<otherVoteDescription>To approve, by non-binding vote, executive compensation. </otherVoteDescription>
		<voteSource>ISSUER</voteSource>
		<sharesVoted>23956</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
		<vote>
			<voteRecord>
			<howVoted>FOR</howVoted>
			<sharesVoted>23956</sharesVoted>
			<managementRecommendation>FOR</managementRecommendation>
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	<proxyTable>
		<issuerName>SECURE WASTE INFRASTRUCTURE CORP.</issuerName>
		<cusip>813921103</cusip>
		<isin>CA8139211038</isin>
		<meetingDate>5/2/2025</meetingDate>
		<voteDescription>14A Executive Compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<otherVoteDescription>Approval on a non-binding and advisory basis of the Corporation's approach to executive compensation. </otherVoteDescription>
		<voteSource>ISSUER</voteSource>
		<sharesVoted>179145</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
		<vote>
			<voteRecord>
			<howVoted>FOR</howVoted>
			<sharesVoted>179145</sharesVoted>
			<managementRecommendation>FOR</managementRecommendation>
			</voteRecord>
		</vote>
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	<proxyTable>
		<issuerName>SECURE WASTE INFRASTRUCTURE CORP.</issuerName>
		<cusip>813921103</cusip>
		<isin>CA8139211038</isin>
		<meetingDate>5/2/2025</meetingDate>
		<voteDescription>14A Executive Compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<otherVoteDescription>Approval on a non-binding and advisory basis of the Corporation's approach to executive compensation. </otherVoteDescription>
		<voteSource>ISSUER</voteSource>
		<sharesVoted>56655</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
		<vote>
			<voteRecord>
			<howVoted>FOR</howVoted>
			<sharesVoted>56655</sharesVoted>
			<managementRecommendation>FOR</managementRecommendation>
			</voteRecord>
		</vote>
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		<issuerName>TRANSUNION</issuerName>
		<cusip>89400J107</cusip>
		<isin>US89400J1079</isin>
		<meetingDate>5/7/2025</meetingDate>
		<voteDescription>14A Executive Compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<otherVoteDescription>To approve, on a non-binding advisory basis, the compensation of TransUnion's named executive officers. </otherVoteDescription>
		<voteSource>ISSUER</voteSource>
		<sharesVoted>136063</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
		<vote>
			<voteRecord>
			<howVoted>FOR</howVoted>
			<sharesVoted>136063</sharesVoted>
			<managementRecommendation>FOR</managementRecommendation>
			</voteRecord>
		</vote>
	</proxyTable>
	<proxyTable>
		<issuerName>TRANSUNION</issuerName>
		<cusip>89400J107</cusip>
		<isin>US89400J1079</isin>
		<meetingDate>5/7/2025</meetingDate>
		<voteDescription>14A Executive Compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<otherVoteDescription>To approve, on a non-binding advisory basis, the compensation of TransUnion's named executive officers. </otherVoteDescription>
		<voteSource>ISSUER</voteSource>
		<sharesVoted>42956</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
		<vote>
			<voteRecord>
			<howVoted>FOR</howVoted>
			<sharesVoted>42956</sharesVoted>
			<managementRecommendation>FOR</managementRecommendation>
			</voteRecord>
		</vote>
	</proxyTable>
	<proxyTable>
		<issuerName>BOYD GROUP SERVICES INC.</issuerName>
		<cusip>103310108</cusip>
		<isin>CA1033101082</isin>
		<meetingDate>5/14/2025</meetingDate>
		<voteDescription>14A Executive Compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<otherVoteDescription>As to the Resolution to vote on an advisory resolution on BGSI's approach to executive compensation: </otherVoteDescription>
		<voteSource>ISSUER</voteSource>
		<sharesVoted>80589</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
		<vote>
			<voteRecord>
			<howVoted>FOR</howVoted>
			<sharesVoted>80589</sharesVoted>
			<managementRecommendation>FOR</managementRecommendation>
			</voteRecord>
		</vote>
	</proxyTable>
	<proxyTable>
		<issuerName>BOYD GROUP SERVICES INC.</issuerName>
		<cusip>103310108</cusip>
		<isin>CA1033101082</isin>
		<meetingDate>5/14/2025</meetingDate>
		<voteDescription>14A Executive Compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<otherVoteDescription>As to the Resolution to vote on an advisory resolution on BGSI's approach to executive compensation: </otherVoteDescription>
		<voteSource>ISSUER</voteSource>
		<sharesVoted>22897</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
		<vote>
			<voteRecord>
			<howVoted>FOR</howVoted>
			<sharesVoted>22897</sharesVoted>
			<managementRecommendation>FOR</managementRecommendation>
			</voteRecord>
		</vote>
	</proxyTable>
	<proxyTable>
		<issuerName>API GROUP CORPORATION</issuerName>
		<cusip>00187Y100</cusip>
		<isin>US00187Y1001</isin>
		<meetingDate>5/16/2025</meetingDate>
		<voteDescription>14A Executive Compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<otherVoteDescription>To approve, on an advisory basis, the compensation of our named executive officers. </otherVoteDescription>
		<voteSource>ISSUER</voteSource>
		<sharesVoted>350682</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
		<vote>
			<voteRecord>
			<howVoted>FOR</howVoted>
			<sharesVoted>350682</sharesVoted>
			<managementRecommendation>FOR</managementRecommendation>
			</voteRecord>
		</vote>
	</proxyTable>
	<proxyTable>
		<issuerName>API GROUP CORPORATION</issuerName>
		<cusip>00187Y100</cusip>
		<isin>US00187Y1001</isin>
		<meetingDate>5/16/2025</meetingDate>
		<voteDescription>14A Executive Compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<otherVoteDescription>To approve, on an advisory basis, the compensation of our named executive officers. </otherVoteDescription>
		<voteSource>ISSUER</voteSource>
		<sharesVoted>110717</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
		<vote>
			<voteRecord>
			<howVoted>FOR</howVoted>
			<sharesVoted>110717</sharesVoted>
			<managementRecommendation>FOR</managementRecommendation>
			</voteRecord>
		</vote>
	</proxyTable>
	<proxyTable>
		<issuerName>ZOETIS INC.</issuerName>
		<cusip>98978V103</cusip>
		<isin>US98978V1035</isin>
		<meetingDate>5/21/2025</meetingDate>
		<voteDescription>14A Executive Compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<otherVoteDescription>Advisory vote to approve our executive compensation. </otherVoteDescription>
		<voteSource>ISSUER</voteSource>
		<sharesVoted>17430</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
		<vote>
			<voteRecord>
			<howVoted>FOR</howVoted>
			<sharesVoted>17430</sharesVoted>
			<managementRecommendation>FOR</managementRecommendation>
			</voteRecord>
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	<proxyTable>
		<issuerName>ZOETIS INC.</issuerName>
		<cusip>98978V103</cusip>
		<isin>US98978V1035</isin>
		<meetingDate>5/21/2025</meetingDate>
		<voteDescription>14A Executive Compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<otherVoteDescription>Advisory vote to approve our executive compensation. </otherVoteDescription>
		<voteSource>ISSUER</voteSource>
		<sharesVoted>6195</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
		<vote>
			<voteRecord>
			<howVoted>FOR</howVoted>
			<sharesVoted>6195</sharesVoted>
			<managementRecommendation>FOR</managementRecommendation>
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	<proxyTable>
		<issuerName>ROPER TECHNOLOGIES, INC.</issuerName>
		<cusip>776696106</cusip>
		<isin>US7766961061</isin>
		<meetingDate>6/10/2025</meetingDate>
		<voteDescription>14A Executive Compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<otherVoteDescription>Advisory vote to approve the compensation of our named executive officers. </otherVoteDescription>
		<voteSource>ISSUER</voteSource>
		<sharesVoted>22719</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
		<vote>
			<voteRecord>
			<howVoted>FOR</howVoted>
			<sharesVoted>22719</sharesVoted>
			<managementRecommendation>FOR</managementRecommendation>
			</voteRecord>
		</vote>
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	<proxyTable>
		<issuerName>ROPER TECHNOLOGIES, INC.</issuerName>
		<cusip>776696106</cusip>
		<isin>US7766961061</isin>
		<meetingDate>6/10/2025</meetingDate>
		<voteDescription>14A Executive Compensation</voteDescription>
		<voteCategories>
			<voteCategory>
				<categoryType>SECTION 14A SAY-ON-PAY VOTES</categoryType>
			</voteCategory>
	 	</voteCategories>
		<otherVoteDescription>Advisory vote to approve the compensation of our named executive officers. </otherVoteDescription>
		<voteSource>ISSUER</voteSource>
		<sharesVoted>7194</sharesVoted>
		<sharesOnLoan>0</sharesOnLoan>
		<vote>
			<voteRecord>
			<howVoted>FOR</howVoted>
			<sharesVoted>7194</sharesVoted>
			<managementRecommendation>FOR</managementRecommendation>
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