Alaris is a Canadian company that provides alternative financing to a diversified range of profitable, well-managed private businesses in North America. We offer long-term equity capital to companies for whom traditional debt or private equity is not typically available or attractive, including privately-held companies whose owners want to retain long-term control of their business.
At Alaris, our mission is two-part: (i) using an innovative financing structure, we provide capital to private companies (our "Private Company Partners") in a manner that maximizes valuations, is tax effective and allows existing owners of the private companies to retain full control of their businesses, (ii) in providing such capital, we generate predictable cash flows from our Private Company Partners which allows us to provide an attractive, stable yield and liquidity to our investors.
Non-Control Private Equity
An important part of our structure at Alaris is that the owners of our Private Company Partners maintain 100% control over their common voting equity. We believe business decisions are best made by the people who have built these successful companies, removing the need for Alaris involvement in day-to-day business decisions. Our structure allows our Private Company Partners to grow their businesses while we monitor from a distance.
Highly Predictable Revenue
Alaris derives diversified priority-cash returns from businesses that have displayed an ability to be highly profitable in varying economic conditions. The result for our investors is a revenue stream with low volatility and high predictability, reinforced by the "top line" royalty nature of our distributions. Alaris investors receive a stable monthly dividend that correlates with the distributions we receive from our Private Company Partners (which are set 12 months in advance). Our structure enables us to distribute the majority of our revenues to investors in the form of tax effective eligible dividends.