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$30.0 million into its twentieth Partner, 3E, LLC and a US$8.0 million follow-on investment into an existing Partner, Accscient, LLC . This brings year to date 2021 capital deployment to over $180.0 million with capital deployment over the last twelve months over $350.0 [...]
Alaris Equity Partners Income Trust is pleased to announce that in connection with its previously announced bought-deal financing, Alaris and a syndicate of underwriters co-led by Acumen Capital Finance Partners, Cormark Securities, CIBC Capital Markets, National Bank Financial and RBC Capital Markets and including Desjardins Securities and Scotia Capital have agreed to increase the size of the previously announced [...]
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$66.0 million into Brown & Settle Investments, LLC and a subsidiary thereof . Alaris is also pleased to announce that it has entered into an agreement with a syndicate of underwriters to purchase, on a bought deal basis, 4,687,500 trust units from Alaris at a price of [...]
Alaris Equity Partners Income Trust is pleased to announce that its wholly owned subsidiary, Alaris Equity Partners USA, Inc. has made investments of $34.0 million into Edgewater Technical Associates, LLC and $40.0 million into Falcon Master Holdings, doing business as FNC Title Services. The Cumulative New Investments result in an approximate annual increase of CDN$0.29 and CDN$0.10 of revenue and net cash from [...]
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 fourth quarter 2020, representing $1.24 per unit on an annualized basis. The Distribution is payable on January 15, 2021 to unitholders of record on December 31, 2020. About Alaris: The Trust provides alternative financing for a diversified group of private businesses in [...]
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 Limited, CIBC World Markets Inc., Cormark Securities Inc. and National Bank Financial Inc., and including Desjardins Securities Inc., RBC Capital [...]
Alaris Equity Partners Income Trust is pleased to announce that it has entered into an agreement with a syndicate of underwriters co-led by Acumen Capital Finance Partners Limited, Cormark Securities Inc., CIBC World Markets Inc. and National Bank Financial Inc. under which the Underwriters have agreed to purchase, on a bought deal basis, 2,910,000 trust units from Alaris at a price of $13.75 per Unit for aggregate gross [...]
Alaris Equity Partners Income Trust. is pleased to announce its results for the three and nine months ended September 30, 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. Q3 2020 Highlights: Generated revenue of $23.4 million in the quarter and $77.6 million for the [...]
Alaris Equity Partners Income Trust is pleased to announce that it will release earnings results for the three and nine months ended September 30, 2020 following the closing of regular trading on the Toronto Stock Exchange Thursday, November 5, 2020. Alaris management will host a conference call at 9 am MT the following day, Friday, November 6, 2020 to discuss the financial results and outlook for the Corporation [...]
Alaris Equity Partners Income Trust is pleased to announce that it has made a follow-on investment of US$55.0 million in to GWM Holdings, Inc. and a subsidiary thereof. The GWM Contribution results in an expected annual increase of approximately CDN$0.25 and CDN$0.13 of revenue and net cash from operations per unit respectively. It is estimated that the GWM Contribution and associated cash flows from it will decrease [...]
Alaris Equity Partners Income Trust is pleased to provide an operational update, including an estimate for Q3 revenue which is expected to beat Q2 revenue by over 16% and previous guidance for the quarter by approximately 3%. Financial Update: Q3 revenue is estimated to be $23.5 million up $3.3 million from Q2 revenue of $20.2 million. The increase in Q3 revenue vs Q2 is a result of Body Contour Centers LLC paying US$1.7 [...]
Alaris Equity Partners Income Trust announces that the purchasers of the assets of Sandbox Acquisitions, LLC and Sandbox Advertising Inc. have filed a complaint in the Court of Chancery of the State of Delaware against its subsidiary Alaris Equity Partners Inc. concerning disputes arising out of the sale of the Sandbox assets . The Sandbox Sale closed on February 28, 2020. The Complaint lodges claims against the Company [...]