Alaris Equity Partners
- Company typePublic
- Founded2004
- HeadquartersCalgary, Canada
- Headcount11–50
- GTM typeB2B
- OfferingServices
Alaris Equity Partners firmographics
Firmographics- Name
- Alaris Equity Partners
- Legal name
- Alaris Equity Partners Income Trust
- Website
- https://alarisequitypartners.com
- Company type
- Public
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Alaris Equity Partners industry classification
Industry- Product category
- Alternative Financial Services
- NAICS
- Funds, Trusts, and Other Financial Vehicles (525), Other Investment Pools and Funds (5259), Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Venture Growth / Recurring Revenue Credit Funds (FSANAIAG)
Keywords
Where Alaris Equity Partners is headquartered
LocationHeadquarters
- HQ city
- Calgary
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Alaris Equity Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Others, Marketing or Sales
Revenue model
- Preferred Equity Distributions: Alaris receives monthly or quarterly cash distributions from partner companies on their preferred equity positions. Distributions are set 12 months in advance based on initial yield and adjusted annually based on year-over-year percentage change in a top-line performance metric (such as net sales, gross profit, or same location sales).
- Common Equity Upside: Alaris holds minority common equity alongside preferred equity, allowing participation in future growth of partner businesses with unlimited upside exposure. This creates alignment with entrepreneurs and management.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Quarterly | Q2 2026 Distribution: $0.38 per trust unit |
| Subscription | Quarterly | Q4 2025 Distribution: $0.37 per trust unit |
| Other | Multi-year contract | Convertible Debentures: $115 million at 6.25% |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
Alaris Equity Partners product offering
Product offeringCore offering
Alaris Equity Partners provides non-control preferred equity and minority common equity capital to private companies in North America, typically in the $30–$150 million range per partner, in exchange for monthly or quarterly cash distributions tied to top-line performance metrics of the partner business. The structure allows private company owners to retain operational control, strategic vision, and majority ownership while receiving significant liquidity and access to permanent capital without refinancing risk. The company funds these investments through public trust units (TSX: AD.UN) and convertible debenture offerings, then distributes income to unitholders via a quarterly Trust Distribution Program.
Product overview
Alaris Equity Partners is a financial services company that operates primarily through its Income Trust structure. The company offers non-control preferred equity partnerships to private businesses, allowing owners to receive liquidity while maintaining operational control. The core product is the Preferred Equity Partnership structure, which combines preferred equity distributions with minority common equity stakes. The company also manages a Trust Distribution Program that delivers quarterly cash payments to unitholders. Capital is raised through convertible debenture offerings and reinvested into new partner companies across diverse industries including business services, healthcare, industrials, and professional services.
Differentiator
Problem solved
Functional benefit
Products and services
- Alaris Equity Partners Income Trust The company's primary investment vehicle that provides capital to private companies in exchange for preferred equity distributions and common equity stakes, delivering stable quarterly distributions to unitholders. Trust units trade on the TSX under ticker AD.UN.
- Preferred Equity Partnership The flagship non-control preferred equity investment structure that provides private company owners with $30–$150 million of liquidity while allowing them to retain operational control, strategic vision, and majority ownership of their business. Monthly or quarterly distributions are set 12 months in advance based on initial yield and adjusted annually based on year-over-year percentage change in a top-line performance metric (such as net sales, gross profit, or same-location sales).
- Trust Distribution Program The quarterly trust distribution program that delivers stable, predictable, and growing cash distributions to unitholders. Q2 2026 distribution is $0.38 per trust unit ($1.52 annualized). Distributions are classified as trust income, capital gain, return of capital, or eligible dividends for Canadian tax purposes.
- Convertible Unsecured Senior Debentures Company-issued convertible debentures used to raise capital for debt repayment and new partner investments. Examples include the 6.25% series (mature December 31, 2030, $115M) and a prior 6.50% series ($80M, May 2025).
Quantifiable outcome
- 3-5% organic growth per year within existing revenue streams
- +4 more outcomes
Companies that use Alaris Equity Partners
Customer profileNamed customers6 records
Segments2 records
Ideal customer profiles3 records
Alaris Equity Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Alaris Equity Partners partnerships and signals
Strategic signalScale indicators12 records
Recent moves6 records
Expansion highlights6 records
Alaris Equity Partners competitors and assessment
Company assessmentDirect peers
- Main Street Capital: Main Street Capital is the largest U.S. business development company (BDC), providing primarily debt and equity capital to lower middle-market private companies and paying regular monthly distributions to shareholders — the closest public-market analogue to Alaris's preferred-equity-plus-common-equity model.
- Ares Capital Corporation: Ares Capital is the largest publicly traded BDC in the U.S., investing in senior secured debt and select equity of private middle-market companies and paying a regular dividend — a close comp to Alaris as a public-listed private-capital vehicle with a quarterly distribution model.
- Saratoga Investment Corp: Saratoga is a publicly traded BDC providing customized debt and equity financing to U.S. private companies, paying a regular quarterly distribution. Similar middle-market focus and mix of preferred-equity-style investments make it a close comp to Alaris.
- Gladstone Investment Corporation: Gladstone Investment is a BDC that invests in debt and equity securities of private U.S. businesses, with a structurally similar focus on preferred and common equity alongside the public-traded-distribution model that Alaris operates.
- PennantPark Floating Rate Capital: PennantPark Floating Rate Capital is a publicly traded BDC investing in floating-rate first-lien debt of private U.S. middle-market companies with regular distributions. Comparable in scale and structure to Alaris as a small-to-mid-cap public alternative-finance vehicle.
- WhiteHorse Finance: WhiteHorse Finance is a small-cap externally managed BDC investing in first-lien debt of private U.S. lower middle-market companies, paying regular distributions. Its size, externally managed structure, and middle-market focus make it a useful size-and-model comparable to Alaris.
- Portman Ridge Finance Corporation: Portman Ridge is a publicly traded BDC investing in debt and select equity of private U.S. middle-market companies, paying regular distributions. Its mix of structured equity and debt investments is a structural analogue to Alaris's preferred-equity plus common-equity approach.
- OFS Capital: OFS Capital is a publicly traded BDC providing debt and equity capital to lower middle-market U.S. companies, paying regular distributions. Small-cap scale, externally managed structure, and middle-market focus align closely with Alaris's profile.
- Oxford Square Capital: Oxford Square Capital is a closed-end fund/trading-vehicle investing in CLO debt and structured credit instruments with regular distributions, providing a public-listed-private-credit comparable to Alaris's structure and investor proposition.
- TriplePoint Venture Growth BDC: TriplePoint Venture Growth BDC provides structured debt and select equity financing to venture growth-stage private companies, paying a regular distribution. Its growth-capital-and-equity orientation is structurally closer to Alaris than to traditional senior-lending BDCs.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Alaris Equity Partners social profiles
Digital presenceAlaris Equity Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Alaris Equity Partners leadership team
Management profileNumber of profiles
Profiles13 records
Alaris Equity Partners funding detail
Funding detailFunding overview
Funding rounds3 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Alaris Equity Partners M&A and investment
M&A and investmentM&A
Investments26 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Alaris Equity Partners
What does Alaris Equity Partners do?
Alaris Equity Partners provides non-control preferred equity and minority common equity capital to private companies in North America, typically in the $30–$150 million range per partner, in exchange for monthly or quarterly cash distributions tied to top-line performance metrics of the partner business. The structure allows private company owners to retain operational control, strategic vision, and majority ownership while receiving significant liquidity and access to permanent capital without refinancing risk. The company funds these investments through public trust units (TSX: AD.UN) and convertible debenture offerings, then distributes income to unitholders via a quarterly Trust Distribution Program.
Is Alaris Equity Partners a public or private company?
Alaris Equity Partners is a public company. It is classified as public and is currently operating.
When was Alaris Equity Partners founded?
Alaris Equity Partners was founded in 2004. It employs 11 to 50 people.
Where is Alaris Equity Partners based?
Alaris Equity Partners is headquartered in Calgary, Canada, in the North America region.
How does Alaris Equity Partners make money?
Two revenue lines are on record. Preferred Equity Distributions are the primary driver. The others are common Equity Upside.
Who are Alaris Equity Partners's main competitors?
Direct peers on record are Main Street Capital, Ares Capital Corporation, Saratoga Investment Corp, Gladstone Investment Corporation, PennantPark Floating Rate Capital, WhiteHorse Finance, Portman Ridge Finance Corporation, OFS Capital, Oxford Square Capital and TriplePoint Venture Growth BDC.
Does Alaris Equity Partners have an API?
No public API is recorded for Alaris Equity Partners.
What industry is Alaris Equity Partners in?
Alaris Equity Partners's product category is Alternative Financial Services. Its primary akta.pro industry code is FSANAIAG, Venture Growth / Recurring Revenue Credit Funds. Its NAICS code is 525 and its SIC code is 6282.