Alaris Royalty earns 22 pct IRR on End of the Roll investment
Canadian alternative equity firm Alaris Royalty Corp said End Of The Roll Discount Carpet & Flooring, a Kelowna, British Columbia-based flooring retailer, has repurchased Alaris' 13-year investment. Alaris originally invested $7.2 million in the company's succession plan in 2005. Together with the proceeds from the repurchase and royalties collected over time, the investor generated $22.2 million with the exit, as well as an internal rate of return of about 22 percent. Established in 1986, End of the Roll has more than 50 franchise locations across Canada.
6 July 2018•3 mins read
