Alaris

Alaris Equity Partners Income Trust Releases 2023 Third Quarter Results

Retrieved on: 
Wednesday, November 8, 2023

CALGARY, Alberta, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Alaris Equity Partners Income Trust (together, as applicable, with its subsidiaries, “Alaris” or the “Trust”) is pleased to announce its results for the three and nine months ended September 30, 2023. The results are prepared in accordance with International Accounting Standard 34. All amounts below are in Canadian dollars unless otherwise noted.

Key Points: 
  • For the three months ended September 30, 2023, revenue per unit increased by 9.5% compared to the same period in 2022.
  • The majority of the common Distributions relate to a US$5.9 million common dividend declared by Fleet Advantage, LLC ("Fleet").
  • The Trust deployed approximately $130.1 million in the nine months ended September 30, 2023, consistent with Alaris’ acquisition of investments in its condensed consolidated interim statement of cash flows.
  • Alaris expects total revenue from its Partners in Q4 2023 of approximately $39.9 million.

Alaris Equity Partners Announces Timing of 2023 Q3 Financial Results, Conference Call and Webcast

Retrieved on: 
Monday, October 2, 2023

CALGARY, Alberta, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Alaris Equity Partners Income Trust ("Alaris" or the "Trust") (TSX: AD.UN) is pleased to announce that it will release its financial results for the three and nine months ended September 30, 2023 following the closing of regular trading on the Toronto Stock Exchange Wednesday, November 8, 2023. Alaris management will host a conference call at 9 am MT (11am ET) the following day, Thursday, November 9, 2023 to discuss the financial results and outlook for the Trust.

Key Points: 
  • CALGARY, Alberta, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Alaris Equity Partners Income Trust ("Alaris" or the "Trust") (TSX: AD.UN) is pleased to announce that it will release its financial results for the three and nine months ended September 30, 2023 following the closing of regular trading on the Toronto Stock Exchange Wednesday, November 8, 2023.
  • Alaris management will host a conference call at 9 am MT (11am ET) the following day, Thursday, November 9, 2023 to discuss the financial results and outlook for the Trust.
  • Participants can access the webcast here: Q3 webcast .
  • A replay of the webcast will be available two hours after the call and archived on the same web page for six months.

Global Blood Transfusion Set Market Expected to Rebound with 3.0% CAGR, Reaching $591 Million by 2030 - ResearchAndMarkets.com

Retrieved on: 
Friday, September 29, 2023

In 2023, the global blood transfusion set market reported a total value of $480.1 million, experiencing a modest decline of 3.5% from the $464.1 million recorded in 2022.

Key Points: 
  • In 2023, the global blood transfusion set market reported a total value of $480.1 million, experiencing a modest decline of 3.5% from the $464.1 million recorded in 2022.
  • Currently, market leaders in the global blood transfusion set market include Becton Dickinson (BD), Baxter, and ICU Medical.
  • Rebound Expected: The global blood transfusion set market is projected to rebound with a CAGR of 3.0%, reaching a valuation of $591 million, following a 3.5% decline in 2023.
  • Dominant Players: Key players such as Becton Dickinson (BD), Baxter, and ICU Medical currently dominate the global blood transfusion set market.

JEGI CLARITY Has Advised The Shipyard on Their Investment From Alaris Equity Partners

Retrieved on: 
Tuesday, September 5, 2023

NEW YORK, Sept. 5, 2023 /PRNewswire/ -- The Shipyard, advised by JEGI CLARITY, has received an investment from Alaris Equity Partners.

Key Points: 
  • NEW YORK, Sept. 5, 2023 /PRNewswire/ -- The Shipyard, advised by JEGI CLARITY, has received an investment from Alaris Equity Partners.
  • This new partnership will enable The Shipyard to strengthen their current offerings and expand their presence in the market.
  • Rick Milenthal, Chairman & CEO of The Shipyard said, "The Alaris investment model is perfect for a growing successful company like The Shipyard.
  • They back our team and fuel our growth, fully empowering our management team to do what is best for our people and our clients."

Alaris Equity Partners Announces an Investment of US$59.5 Million into a New Partner

Retrieved on: 
Thursday, August 31, 2023

CALGARY, Alberta, Aug. 31, 2023 (GLOBE NEWSWIRE) -- (all numbers in this release are in Canadian dollars (CDN$) unless otherwise noted) Alaris Equity Partners Income Trust (the “Trust”) (TSX: AD.UN) is pleased to announce that its subsidiary, Alaris Equity Partners USA, Inc. (collectively with the Trust and its other subsidiaries, “Alaris”) has made an investment of US$59.5 million (the “TSY Investment”) into The Shipyard, LLC. (“TSY” or “The Shipyard”), with a commitment to fund an additional US$5.5 million (“Tranche 2”) if TSY achieves certain financial hurdles.

Key Points: 
  • CALGARY, Alberta, Aug. 31, 2023 (GLOBE NEWSWIRE) -- (all numbers in this release are in Canadian dollars (CDN$) unless otherwise noted) Alaris Equity Partners Income Trust (the “Trust”) (TSX: AD.UN) is pleased to announce that its subsidiary, Alaris Equity Partners USA, Inc. (collectively with the Trust and its other subsidiaries, “Alaris”) has made an investment of US$59.5 million (the “TSY Investment”) into The Shipyard, LLC.
  • (“TSY” or “The Shipyard”), with a commitment to fund an additional US$5.5 million (“Tranche 2”) if TSY achieves certain financial hurdles.
  • “The Alaris model of investment is perfect for a growing successful company like The Shipyard.
  • Proceeds of the TSY Investment were used to provide a partial liquidity event to equity holders.

Alaris Equity Partners Income Trust Releases 2023 Second Quarter Results

Retrieved on: 
Wednesday, August 2, 2023

CALGARY, Alberta, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Alaris Equity Partners Income Trust (together, as applicable, with its subsidiaries, “Alaris” or the “Trust”) is pleased to announce its results for the three and six months ended June 30, 2023. The results are prepared in accordance with International Accounting Standard 34. All amounts below are in Canadian dollars unless otherwise noted.

Key Points: 
  • These decreases were partially offset by additional Distributions from new investments in Sagamore Plumbing and Heating, LLC (“Sagamore”) and Federal Management Partners, LLC, (“FMP”).
  • The Trust deployed approximately $49.5 million in the six months ended June 30, 2023, consistent with Alaris’ acquisition of investments in its condensed consolidated interim statement of cash flows.
  • The $36.9 million of total revenue in Q2 2023 was above previous guidance of $36.1 million primarily due to higher than expected common dividends from Alaris’ Partners.
  • Alaris expects total revenue from its Partners in Q3 2023 of approximately $37.6 million.

BD Receives FDA 510(k) Clearance for Updated BD Alaris™ Infusion System

Retrieved on: 
Friday, July 21, 2023

"The 510(k) clearance of the updated BD Alaris™ Infusion System has been the number one priority for our teams who have been steadfast in their efforts to achieve this milestone, consistent with our commitment to quality," said Tom Polen, chairman, CEO and president of BD.

Key Points: 
  • "The 510(k) clearance of the updated BD Alaris™ Infusion System has been the number one priority for our teams who have been steadfast in their efforts to achieve this milestone, consistent with our commitment to quality," said Tom Polen, chairman, CEO and president of BD.
  • "We are deeply committed to ensuring clinicians can continue to rely on our market leading system to meet today's most critical infusion needs.
  • "Today, a majority of hospitals in the United States use the BD Alaris™ Infusion System to safely deliver IV therapies to patients, and this comprehensive clearance provides a foundation to support a steady, reliable cadence of innovation in infusion technologies from BD.
  • For more information on the BD Alaris™ Infusion System, visit: https://www.bd.com/en-us/products-and-solutions/products/product-brands/... .

Alaris Equity Partners Announces Timing of 2023 Q2 Financial Results, Conference Call and Webcast

Retrieved on: 
Thursday, July 6, 2023

CALGARY, Alberta , July 06, 2023 (GLOBE NEWSWIRE) -- Alaris Equity Partners Income Trust ("Alaris" or the "Trust") (TSX: AD.UN) is pleased to announce that it will release its financial results for the three and six months ended June 30, 2023 following the closing of regular trading on the Toronto Stock Exchange Wednesday, August 2, 2023. Alaris management will host a conference call at 9 am MT (11am ET) the following day, Thursday, August 3, 2023 to discuss the financial results and outlook for the Trust.

Key Points: 
  • FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW.
  • CALGARY, Alberta , July 06, 2023 (GLOBE NEWSWIRE) -- Alaris Equity Partners Income Trust ("Alaris" or the "Trust") (TSX: AD.UN) is pleased to announce that it will release its financial results for the three and six months ended June 30, 2023 following the closing of regular trading on the Toronto Stock Exchange Wednesday, August 2, 2023.
  • Alaris management will host a conference call at 9 am MT (11am ET) the following day, Thursday, August 3, 2023 to discuss the financial results and outlook for the Trust.
  • Participants can access the webcast here: Q2 webcast .

Alaris Announces TSX Acceptance of Normal Course Issuer Bid

Retrieved on: 
Tuesday, May 23, 2023

CALGARY, Alberta, May 23, 2023 (GLOBE NEWSWIRE) -- Alaris Equity Partners Income Trust ("Alaris" or the "Trust") (TSX: AD.UN) is announcing that it has received approval from the Toronto Stock Exchange ("TSX") to proceed with a normal course issuer bid ("NCIB"). Under the NCIB, the Trust may purchase for cancellation up to 1,000,000 trust units of the Trust ("Units"). As at May 23, 2023, Alaris had 45,479,179 Units outstanding. As a result, the NCIB represents approximately 2% of Alaris’ issued and outstanding Units as at May 23, 2023. The actual number of Units that may be purchased for cancellation under the NCIB and the timing of any such purchases will be determined by Alaris, subject to a maximum daily purchase limitation of 16,037 Units, which equals 25% of Alaris’ average daily trading volume on the TSX of 64,150 Units for the six months ended April 30, 2023. The Trust may also make one block purchase per calendar week which exceeds the daily repurchase restrictions.

Key Points: 
  • CALGARY, Alberta, May 23, 2023 (GLOBE NEWSWIRE) -- Alaris Equity Partners Income Trust ("Alaris" or the "Trust") (TSX: AD.UN) is announcing that it has received approval from the Toronto Stock Exchange ("TSX") to proceed with a normal course issuer bid ("NCIB").
  • Under the NCIB, the Trust may purchase for cancellation up to 1,000,000 trust units of the Trust ("Units").
  • As a result, the NCIB represents approximately 2% of Alaris’ issued and outstanding Units as at May 23, 2023.
  • Outside of these Automatic Purchase Periods, Alaris will purchase Units at its discretion under the NCIB.

Alaris Announces the Trustee Election Results from its Unitholder Meeting

Retrieved on: 
Wednesday, May 10, 2023

CALGARY, Alberta, May 10, 2023 (GLOBE NEWSWIRE) -- Alaris Equity Partners Income Trust ("Alaris" or the "Trust") (TSX:AD.UN) is pleased to announce the results of voting on the election of trustees at its annual general meeting of unitholders held on May 10, 2023. Each nominee trustee recommended by management and listed in the Trust's information circular and proxy statement dated March 28, 2023, was elected as a trustee for a term ending at the next annual meeting of unitholders. The results of the voting for each individual trustee are set forth below:

Key Points: 
  • FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW.
  • CALGARY, Alberta, May 10, 2023 (GLOBE NEWSWIRE) -- Alaris Equity Partners Income Trust ("Alaris" or the "Trust") (TSX:AD.UN) is pleased to announce the results of voting on the election of trustees at its annual general meeting of unitholders held on May 10, 2023.
  • Each nominee trustee recommended by management and listed in the Trust's information circular and proxy statement dated March 28, 2023, was elected as a trustee for a term ending at the next annual meeting of unitholders.
  • The results of the voting for each individual trustee are set forth below: