Alaris Royalty invests $23.4 mln in management consulting firm

Canadian alternative equity firm Alaris Royalty Corp has invested about $23.4 million (US$18 million) in Matisia LLC, a Seattle, Washington-based provider of customized management consulting solutions. In exchange for its investment, Alaris will receive an annual distribution of US$2.7 million. The deal is the first for Alaris' small cap division, which is operated through Salaris Small Cap Royalty Corp. The division was launched last year under the leadership of Gregg Delcourt to allow Calgary-based Alaris to pursue more Canadian and U.S. investments sized up to $20 million.

11 October 2016•9 mins read
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