Alaris Royalty provides follow-on funding to Sandbox, C&C

Canadian alternative equity firm Alaris Royalty Corp has committed an additional US$6 million to Sandbox Group LLC, a Chicago marketing and advertising services specialist. Alaris first funded the company last year. The firm also committed an additional US$2 million to C&C Communications LLC, a Federal Way, Washington Sprint preferred retailer, also backed in 2016. Alaris said the proceeds of the deals will help the companies make acquisitions. Alaris has so far this year deployed about $150 million in capital, including to Sales Benchmark Index LLC, the firm's largest investment on record.

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