Alaris Announces a $115.5 Million Investment into a New Partner

Core Viewpoint - Alaris Equity Partners has completed a significant investment of CAN$115.5 million into Optimus SBR Inc. and Optimus SBR Limited Partnership, marking a strategic partnership aimed at enhancing growth and operational capabilities in the management consulting sector [1][4]. Company Overview - Optimus SBR, founded in 2010 and headquartered in Toronto, is recognized as Canada's largest independent management consulting firm, specializing in addressing complex operational, strategic, and technological challenges across various industries including financial services, government, and healthcare [2]. - The firm emphasizes an execution-focused approach and a people-first culture, aiming to deliver measurable results and sustainable growth for its clients [2]. Investment Details - Alaris' investment comprises CAN$85.0 million in preferred equity and CAN$30.5 million in common equity, with the preferred equity yielding an initial annualized distribution of CAN$11.1 million, equating to a pre-tax annualized yield of 13% [4]. - The distribution will adjust annually based on the percentage change in Optimus SBR's annual revenue, with a collar of +/-8% [4]. - The investment is intended to provide liquidity to equity holders and support Optimus SBR's growth initiatives [4]. Strategic Alignment - The partnership aligns with both companies' visions and values, focusing on empowering organizations to navigate challenges related to AI, digital transformation, and regulatory changes [3][5]. - Alaris views Optimus SBR as a highly sought-after asset in the Canadian consulting market, particularly due to its established reputation in the banking industry [5]. Financial Performance and Outlook - Following the investment in Optimus SBR, Alaris has deployed approximately CAN$343.5 million in capital year-to-date, indicating a strong market environment for its investment strategy [6]. - The Trust aims to continue deploying capital into high-quality partners to generate stable cash flows and enhance long-term value for unitholders [6][7].