Touchstone's business strategy involves consolidating cash flow businesses to restructure capital and leverage the company's valuation for future business expansion. This strategy can be understood as follows:

1. Consolidation of Cash Flow Businesses: Touchstone seems to be acquiring or consolidating businesses that generate consistent cash flows. This consolidation can lead to increased efficiency and economies of scale.​

2. Capital Restructuring: Once Touchstone has control over these businesses, it likely restructures their capital. This may involve optimizing the capital structure by refinancing existing debt, securing new sources of funding, or reorganizing the financial aspects of these companies to improve their financial health and valuation.

3. Leveraging Company Valuation: By restructuring the capital and operations of the acquired businesses, Touchstone aims to increase their overall valuation. A higher valuation can attract more investors and enable the company to use its assets as collateral for additional financing.

4. Business Expansion: With improved valuations and stronger financial positions, these businesses are then in a better position to pursue future expansion opportunities. This could involve organic growth, acquisitions of complementary businesses, or other strategic initiatives.

5. Support for Debt Problem Companies: Touchstone also seems to extend its support to companies facing debt problems. By leveraging its funding, expertise, and industry network, it can assist these struggling companies in resolving their financial issues and positioning them for future growth.