Alaris Equity Partners Income Trust has achieved record quarterly revenue and EBITDA, supported by strategic investments and a robust recovery in distributions, reflecting strong growth potential in the alternative financing market.

Target Information

Alaris Equity Partners Income Trust (the "Trust"), based in Calgary, Alberta, specializes in providing alternative financing solutions to private companies, termed as "Partners." These financing arrangements typically include preferred equity investments and common equity stakes, allowing Alaris to generate stable cash flows through distributions. The Trust’s investment strategy has proven successful, achieving record revenue and normalized EBITDA during the second quarter of 2021.

For the quarter ending June 30, 2021, Alaris reported revenue of CAD 34.9 million, marking the highest quarterly revenue in its history. This represented a 37% year-over-year increase on a per unit basis. Additionally, the Trust generated normalized EBITDA of CAD 31.2 million for the same period, a 50% increase from the previous year, largely due to improved contributions from its Partners and reduced administrative expenses.

Industry Overview in Canada

Canada's alternative financing industry has been evolving, particularly as traditional lending continues to tighten in response to economic fluctuations. Private companies are increasingly seeking innovative financing