Access to Private Equity Market
APPENDIX A: SUMMARY OF PARTNERS (IN US$ UNLESS NOTED)
Millions ($)
DNT
Construction
Edgewater
Technical
Associates
Federal
Management
Fleet Advantage
GWM
Heritage
Restoration
LMS
Partners
Industry
Industrials: Civil
Construction
Services
Business Services:
Professional and
Technical Services
to the Nuclear
Energy Industry
Business Services: Business Services:
Organizational
Management
Solutions
Fleet
Management
Business Services:
Digital Marketing
Solutions
Industrials:
Masonry
Restoration,
Industrials:
Rebar
Fabrication
Waterproofing and Installation
and Coating
Repair
Total Alaris Capital
Injected
$62.8
$30.6 (preferred)
$3.4 (common)
$30.5 (preferred)
$6.0 (common)
$20.0 (preferred)
$8.0 (common)
$76.0 (preferred)
$30.0 (common)
$17.5
(preferred)
$1.0 (common)
CDN$60.6
(4 tranches)
Use of Proceeds
MBO of
Majority
MBO and partial
liquidity
Partial Liquidity
Holder(s)
Annualized
$10.98
$4.52
$4.57
Growth Capital
and partial
liquidity
$2.36
MBO of Equity
Sponsor
MBO
Estate Planning
and growth
$7.73
$2.77
CDN$6.10
Distributions to Alaris
Annual Reset Metric
Percentage
change in gross
revenue
Percentage
change in gross
profit
Percentage
change in gross
Percentage
change in net
Percentage
change in gross
revenue
revenue
revenue
Percentage
change in gross
profit
Percentage
change in gross
profit
Distribution Collar
+/- 6% per year
+/- 6% per year
+/- 7% per year
+/- 6% per year
+/-8% per year +/- 6% per year
No collar
Partner Since
June 2015
December 2020
April 2023
June 2018
November 2018
January 2018
April 2007
Note 1: See the "Private Company Partner Update" section of the Management Discussion and Analysis for the year ended December 31, 2023 for
more information related to capital contributed, annualized distributions and earnings coverage ratios.
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