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 third quarter 2021, representing $1.32 per unit on an annualized basis. The Distribution is payable on October 15, 2021 to unitholders of record on September 30, 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 its results for the three and six months ended June 30, 2021. The results are prepared in accordance with International Accounting Standard 34. All amounts below are in Canadian dollars unless otherwise noted. Q2 2021 Highlights: Generated revenue of $34.9 million in the quarter, the largest quarter of revenue in Alaris' history and an increase of 37% on a per [...]
Alaris Equity Partners Income Trust is pleased to announce the return to full distributions from PF Growth Partners, LP commencing in July and the receipt of US$11.0 million of proceeds from C&C Communications. PFGP Distributions Alaris will begin receiving full distributions from PFGP beginning this month and continuing as per the regular payment schedule. PFGP is now compliant with all covenants with its lenders [...]
Alaris Equity Partners Income Trust is pleased to announce that its wholly-owned subsidiary, Alaris Equity Partners USA, Inc. has made an investment of US$70.0 million into its twenty-first active Partner, Vehicle Leasing Holdings, LLC doing business as D&M Leasing. The D&M Investment adds approximately $0.24 of revenue per unit and $0.11 of distributable cash per unit . The D&M Investment was funded with US$12 million of [...]
Alaris Equity Partners Income Trust is pleased to announce that it will release its financial results for the three and six months ended June 30, 2021 following the closing of regular trading on the Toronto Stock Exchange Wednesday, July 28, 2021. Alaris management will host a conference call at 9 am MDT the following day, Thursday, July 29, 2021 to discuss the financial results and outlook for the Trust. Participants in [...]
Alaris Equity Partners Income Trust is pleased to announce its results for the three months ended March 31, 2021. The results are prepared in accordance with International Accounting Standard 34. All amounts below are in Canadian dollars unless otherwise noted. Q1 2021 Highlights: Generated revenue of $32.2 million in the quarter, in line with the previous guidance, or $0.79 per unit; Normalized EBITDA was $28.8 million [...]
Alaris Equity Partners Income Trust is pleased to announce that it will release its financial results for the three months ended March 31, 2021 following the closing of regular trading on the Toronto Stock Exchange Thursday, May 6, 2021. Alaris management will host a conference call at 9 am MDT the following day, Friday, May 7, 2021 to discuss the financial results and outlook for the Trust. Participants in North America [...]
Alaris Equity Partners Income Trust announces that the Board of Directors of the Trust has declared a trust distribution of $0.31 per trust unit for the first quarter 2021, representing $1.24 per unit on an annualized basis. The Distribution is payable on April 15, 2021 to unitholders of record on March 31, 2021. About Alaris: The Trust provides alternative financing for a diversified group of private businesses in [...]
Alaris Equity Partners is pleased to announce its results for the three months and year ended December 31, 2020. The results are prepared under International Financial Reporting Standards as issued by the International Accounting Standards Board. All amounts below are in Canadian dollars unless otherwise noted. Capital deployment in 2020 of approximately $170.0 million, consistent with Alaris' five-year average [...]
Alaris Equity Partners Income Trust announces today that under its bought deal financing which closed on March 3, 2021, the underwriters of the Offering have partially exercised and concluded their over-allotment option to purchase an additional 596,875 trust units of the Trust at the offering price of $16.00 per Trust Unit for additional gross proceeds of $9,550,000. As a result of closing of the over-allotment option [...]
Alaris Equity Partners Income Trust is pleased to announce the completion of its previously announced bought deal short-form prospectus offering of trust units of the Trust. The Offering was conducted through a syndicate of underwriters co-led by Acumen Capital Finance Partners, Cormark Securities, CIBC Capital Markets, National Bank Financial and RBC Capital Markets. The Offering consisted of 5,312,500 Trust Units issued [...]
Alaris Equity Partners Income Trust is pleased to announce that it will release its 2020 year-end financial results for the period ended December 31, 2020 following the closing of regular trading on the Toronto Stock Exchange Tuesday, March 9, 2021. Alaris management will host a conference call at 9 am MT the following day, Wednesday, March 10, 2021 to discuss the financial results and outlook for the Corporation [...]