Alaris Equity Partners Income Trust is a private equity firm specializing in management buyouts, growth capital, lower & middle market, later stage, industry consolidation, growth capital, and mature investments. The firm does not invest in turnarounds and start-ups. It prefers to invest in the companies based in all industries except for those with a declining asset base, such as oil and gas resource companies, or any industry that carry the risk of obsolescence such as high tech and focuses on business services, professional services, information services, healthcare services, distribution & logistics, industrials, consumer products. The firm seeks to invest in companies raising capital for a partial liquidity, generational transfer, recapitalization, and growth and who do not want to give up control or chance the added risk that comes with high leverage levels. It prefers to invest in companies that are mostly individual or family controlled. The firm typically provides alternative financing for a diversified group of private businesses ("Private Company Partners") in exchange for royalties or distributions from the Private Company Partners, with the principal objective of generating stable and predictable cash flows for dividend payments to its shareholders. It seeks to invest in the companies based in Europe, North America with the focus on Canada, and United States. It typically invests between $5 million and $100 million in companies with an enterprise values between $10 million and $400 million and EBITDA between $5 million and $50 million, historical EBITDA in excess of $10 million, and Low levels of debt and capital expenditure. The firm also makes small cap investments upto $20 million in private companies that have historical EBITDA in excess of $2 million. However, for larger companies, transactions can be structured to include additional investments. The firm seeks to invest in industries that do not experience large cyclical swings. It does not own any shares and does not require board representation. The firm invests through balance sheet and seeks equity dividend distribution from portfolios. It prefers to make non control equity, minority and majority investments in its portfolio companies. Alaris Royalty Corp. was founded in 2008 and is based in Calgary, Canada.

Alaris Equity Partners Income Trust

Phoenix Partners is a private equity group focused on acquiring controlling interests in traditional and mid market businesses. It partners with founders, founding families, and management to grow businesses.

Phoenix Partners

L Squared seeks to make long-term investments in growth companies that operate in targeted sectors such as Education Technology, Tech-Enabled Services & Software, and Industrial Technology & Services. The firm focuses on value creation driven by revenue and earnings growth.

L Squared

Founded in 2004, Alaris is a private equity firm based in Calgary, Alberta. The firm targets traditional majority recapitalization/control sale mandates and structures the investments using a combination of non-control perpetual preferred equity and common equity. Throughout Alaris’ 19-year history, our Preferred MBO solution has proven to create full liquidity events for the exiting majority shareholders while simultaneously providing an attractive option for high quality management teams to become majority owners of their company and keep control of the business and benefit from more of the upside. The firm’s capital base is evergreen and the balance sheet is positioned to provide access of up to $200 million of capital on an ongoing basis. Alaris has approximately 90% of its investments in US-based companies.Please call us at 403-221-7302 or email us at businessdevelopment@alarisequity.com with deal opportunities. 

Metric
Company Name	Alaris Equity Partners Income Trust	Phoenix Partners	L Squared
Symbol	AD-UN
MSH ID	COM:ALARISEQUITYPARTNERS	CA:PHOENIX-PARTNERS	COM:LSQUAREDCAP
Market	STOCKS	PRIVATE	PRIVATE
Sector	Finance	Financial Services & Finance	Financial Services & Finance
Industry	Capital Markets	Investment Management	Investment Management
Country	CA	CA	US
Stage
Employee Count	20
Website	alarisequitypartners.com	phoenix-partners.ca/en	lsquaredcap.com
LinkedIn	alaris-equity-partners	phoenix-partners---private-equity	l-squared-capital-partners
Founders

Metric
Market Cap	507.46M
Enterprise Value
Monthly Web Traffic		1.61K
Web Traffic Growth		2.98
Valuation
Raised Capital

Metric
Revenue	126.68M
Revenue (LTM)
Revenue (NTM)
Gross Profit	126.68M
EBITDA	99.38M
Operating Income	143.19M
Net Income	97.94M
EPS	2.16
Diluted EPS	2.07
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	1
Operating Profit Margin	1.28
EBITDA Margin	0.78
Net Profit Margin	1.13
Return on Equity	0.22
Return on Assets	0.19
Return on Capital Employed	0.22

AD-U

COM:ALARISEQUITYPARTNERS

Alaris Equity Partners

Last Close

19.55

22/11 21:00

Market Cap

717.51M

Beta: -

Volume Today

43.90K

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	5.68
P/B Ratio	0.79
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	4.65
EV Multiple	4.73

Metric
Days Sales Outstanding	56.52
Days Payables Outstanding
Days Inventory Outstanding	1.19K
Operating Cycle	1.20K
Cash Conversion Cycle	589.23
Asset Turnover	0.19

Metric
Operating Cash Flow	58.69M
Free Cash Flow	58.69M
Cash Flow to Debt	1.35
Operating Cash Flow/Sales	0.50
Free Cash Flow Yield	0.15

Metric
Cash & Equivalents	10.74M
Accounts Receivable	-200.19K
Inventory
Goodwill
Debt to Capitalization	0.30
Debt to Assets	0.29
Current Ratio	0.37
Quick Ratio	0.66

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.02
R&D to Revenue
SG&A to Revenue	0.21