Alaris Equity Partners Income Trust announced the redemption of Alaris' interest in Brown & Settle Investments, LLC ("B&S"), which closed on April 12, 2024, and resulted in gross proceeds to Alaris of USD 71.5 million (CAD 97.8 million) (the "B&S Proceeds"). Alaris' total return on B&S investment is USD 30.8 million (CAD 42.2 million) delivering an unlevered IRR of. After this announcement, Alaris will have approximately CAD 166.0 million drawn on its senior credit facility and CAD 334 million available for investment purposes based on credit agreement that provides for up to $500 million of indebtedness.