Alaris Royalty earns nearly 3x money invested in LifeMark Health
Alaris Royalty Corp earned almost triple the money it invested in LifeMark Health, a Canadian physiotherapy- and rehabilitation-services provider acquired by Audax Private Equity in January. Alaris, a Calgary-based alternative-equity firm, said this month it had redeemed the last of a $74 million investment in LifeMark following the sale to Audax. With that redemption, the firm counted up total proceeds of about $217 million, Alaris President and CEO Steve King told PE Hub Canada.
23 March 2016•3 mins read
