SMi is a privately owned company founded in 1972 which specializes in the delivery of integrated scientific, engineering and IT solutions dedicated to the areas of buildings, energy, energy efficiency, environment, industry, infrastructure, natural resources, power, security, telecommunications and materials testing. In addition, SMi operates microbiological and chemical analysis labs in the areas of environmental protection, agriculture, food security and their manufacturing processes, as well as cosmetics and certain pharmaceutical industry products. Active in more than 30 countries, SMi has over 1,600 professionals and specialists who are dedicated to delivering innovative and fully integrated solutions. SMi provides its services to a broad scope of clients including local corporations, multinationals, institutions, as well as government bodies at every level, including state owned enterprises.
|Industry:||Industrials: Engineering and Construction Services|
|Capital Invested:||$40.50 million (3 tranches)|
|Annualized Distribution to Alaris:||$6.0 million|
|Partner Since:||November 2013|
"Financing was required to support our rapid national and international growth and strengthen the company’s asset base.
Other sources of financing offered had very restrictive covenants and were looking at SMi from a purely financial standpoint and not taking the time to understand SMi’s key success factors and growth potential. We felt uneasy working with a financial partner that did not understand our company.
Alaris took the time to understand the core of our business, our philosophy and all aspects related to our growth and evolution. Alaris’ good business sense and high level of efficiency and professionalism, put us at ease from the start of the process.
SMi feels that Alaris is a true business partner."
- Bernard Poulin, President, SM Group International