Arvore delivered another strong quarter in Q3 2025 with an annualized yield of 12.14 percent and $2.9M in investor distributions, bringing year-to-date distributions to $7.8M. Operating companies showed healthy production, disciplined cost management, and strong cash conversion despite a volatile macro environment.
Across all verticals, performance remained resilient. Master Franchisors saw steady sales and EBITDA growth driven by store performance and U.S. expansion. Auto Maintenance continued to benefit from strong industry fundamentals and expanded its network. Environmental Services delivered one of the quarter’s strongest results with large-project execution and deeper penetration into mining, utilities, and energy. Building Products posted stable results supported by strong demand and disciplined operations. Light Industrial began to rebound after periods of tariff pressure with improved efficiency and a better market mix.