Arvore Partners generated an annualized distribution yield of 11.9% in Q1 2026, up from 10.3% in Q1 2025. Quarterly distributions totaled $3.0 million, representing a 25% increase year over year, while trailing twelve-month distributions reached $11.6 million. The quarter reflected continued cash generation across the platform, supported by operational improvements in most portfolio verticals.
Four of Arvore's five operating verticals reported year-over-year growth in both revenue and EBITDA. Environmental Services delivered the strongest performance, with trailing twelve-month revenue increasing 45.6% and EBITDA rising 59.7%, driven by project execution, operating leverage, and expanding exposure to mining, utility, and energy markets.
The Master Franchisors and Auto Maintenance verticals also continued to advance. Master Franchisors benefited from same-store growth and new unit openings, while Auto Maintenance reported double-digit revenue and EBITDA growth supported by continued demand for vehicle servicing and a pipeline of new locations scheduled to open in 2026.
Building Products Distribution recorded revenue growth of 6.7% and EBITDA growth of 26.5%, supported by market share gains and operational discipline. Light Industrial remained below prior-year levels but showed meaningful improvement compared to Q4 2025, with management reporting stronger project activity and signs of recovery following tariff-related disruptions.
Overall, Q1 2026 demonstrated continued progress across the platform. Increased distributions, improving operating results, and expanding project pipelines across several verticals position Arvore to support ongoing distribution growth through the remainder of 2026.