Calgary, Canada, December 01, 2013 --(PR.com
)-- Equicapita Income Trust (“Equicapita”) is pleased to announce the payment of its distribution for the third quarter of 2013 in respect of its Preferred Trust Units.
Greg Tooth, a partner at Equicapita reports, "We created Equicapita to be RRSP eligible with a low minimum to allow qualified investors access to SME ("small, medium enterprise") investments that are difficult to reach through traditional channels. In addition, we believe the current mismatch between the amount of business owners seeking exits in relation to the amount of dedicated SME private equity capital will provide superior returns over the next decade while the imbalance is rectified and the demographic pressures begin to ease. Our strategy is to avoid the typical private equity focus on growth to generate returns. We acquire stable businesses that are able to generate reliable cash flow that can in turn provide for reliable distributions to our investors. Our current distribution is 10% per annum paid quarterly. Without the need for strong business growth and high valuation exits to generate returns, we believe our investment model is less risky than traditional private equity approaches.”
About Equicapita: Equicapita is a Calgary-based buy-out fund focusing on acquiring Canadian private businesses that can generate strong, sustainable cash flow from their operations in niche markets.
Disclaimer: This news release may contain certain information that is forward looking and, by its nature, such forward-looking information is subject to important risks and uncertainties. The words "anticipate,""expect," "may," "should" "estimate," "project," "outlook," "forecast" or other similar words are used to identify such forward looking information. Those forward-looking statements herein made by Equicapita, if any, reflect Equicapita's beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those anticipated or predicted in these forward-looking statements, and the differences may be material. Factors which could cause actual results or events to differ materially from current expectations include, among other things: risks associated with the ownership and operation of businesses, including fluctuations in interest rates; general economic conditions; supply and demand for businesses; competition for available businesses; changes in legislation and the regulatory environment; and international trade and global political conditions. Readers are cautioned not to place undue reliance on any forward-looking information contained in this news release (if any), which is given as of the date it is expressed herein. Equicapita undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise.