Is there a significant difference between EBITDA and free cashflow?
Based on our investment criteria of stable cash flow streams, Alaris looks for investments in companies with strong free cashflow. This means that the companies have low debt as well as low requirements for ongoing capital expenditures. Our current portfolio companies have more than $250 million in combined sales; however, capital expenditures for the group last year were only $2.4 million over the last twelve months.