Alaris Equity Partners Income Trust

Alaris Equity Partners Income Trust is pleased to announce its results for the three months and year ended December 31, 2021. The results are prepared in accordance with International Accounting Standard 34. All amounts below are in Canadian dollars unless otherwise noted. Highlights: Revenue of $37.6 million and cash generated from operating activities of $34.5 million in the fourth quarter of 2021 represent 18% and 29 [...]

Alaris Equity Partners Income Trust is pleased to announce that it has completed its previously announced offering of listed senior unsecured debentures with a syndicate of underwriters co-led by CIBC Capital Markets, National Bank Financial and RBC Capital Markets and including Desjardins Securities Inc., Scotia Capital Inc., Acumen Capital Finance Partners Limited and Cormark Securities Inc. , on a bought deal basis. A [...]

Alaris Equity Partners Income Trust is pleased to announce that it will release its 2021 year-end results for the period ended December 31, 2021 following the closing of regular trading on the Toronto Stock Exchange Wednesday, March 9, 2022. Alaris management will host a conference call at 9 am MT the following day, Thursday, March 10, 2022 to discuss the financial results and outlook for the Trust. Participants in North [...]

Alaris Equity Partners Income Trust is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by CIBC Capital Markets, National Bank Financial and RBC Capital Markets pursuant to which the underwriters have agreed to purchase $65 million aggregate principal amount of listed senior unsecured debentures due March 31, 2027 at a price of $1,000 per Debenture . The Trust has also granted [...]

Alaris Equity Partners Income Trust is pleased to announce the deployment of US$55 million into existing Partners including transactions with Fleet Advantage LLC , GWM Holdings Inc. and its affiliates and Body Contour Centers LLC doing business as Sono Bello. These transactions all closed prior to December 31, 2021. With the transactions announced today, Alaris deployed CDN$359 million in 2021. Unless otherwise stated [...]

Alaris Equity Partners Income Trust announces that the Board of Directors of the Trust has declared a trust distribution of $0.33 per trust unit for the fourth quarter 2021, representing $1.32 per unit on an annualized basis. The Distribution is payable on January 17, 2022 to unitholders of record on December 31, 2021. About Alaris: The Trust provides alternative financing for a diversified group of private businesses in [...]

Alaris Equity Partners Income Trust is pleased to announce that it has made two follow-on investments : 1) US$9.5 million in to 3E, LLC ; and 2) US$5.3 million to Vehicle Leasing Holdings, LLC doing business as D&M Leasing . It is estimated that, as a result of the Follow-On Investments and associated cash flows, Alaris' Run Rate Payout Ratio improves by approximately 1% and is at the low end of the 65% to 70% range [...]

Alaris Equity Partners Income Trust is pleased to announce its results for the three and nine months ended September 30, 2021. The results are prepared in accordance with International Accounting Standard 34. All amounts below are in Canadian dollars unless otherwise noted. Q3 2021 Highlights: Generated revenue of $42.9 million in the quarter, the largest quarter of revenue in Alaris' history and an increase of 44% on a [...]

Alaris Equity Partners Income Trust is pleased to announce the redemption of Federal Resources in connection with a sale of FR to a third party . The FR Sale closed on October 26, 2021 and resulted in the redemption of all of Alaris' FR Units and repayment of Alaris' outstanding loan for total proceeds of US$80.9 million . Alaris' total return on its FR investment was US$75.7 million or 113% which represents an unlevered [...]

Alaris Equity Partners Income Trust is pleased to announce the appointment of Kim Lynch Proctor to the Board of Trustees effective October 13, 2021. "We are pleased to welcome Kim to the Alaris Board. Kim's extensive experience and knowledge across a range of diverse strategic roles will be invaluable to Alaris as we continue to grow. I look forward to working with Kim and leveraging her unique expertise." said Steve [...]