Diversified Royalty Corp.

About Diversified Royalty Corp.

Diversified Royalty Corp. (DIV) is a multi-royalty corporation focused on acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America. Their objective is to secure predictable, growing royalty streams from a diverse group of businesses and to increase cash flow per share through accretive royalty purchases and growth of existing royalties, while paying stable dividends to shareholders.

Products & Services

Mr. Lube + Tires:Leading quick lube service business in Canada with locations across the country.

AIR MILES:Canada's largest coalition loyalty program, engaging approximately two-thirds of Canadian households.

Nurse Next Door:Innovative and growing home care provider with locations across Canada.

Oxford Learning:One of Canada's leading franchise tutoring services, recognized for best-in-class performance.

Mr. Mikes:Full-service casual dining restaurant focused on providing quality dining experiences.

Sutton:Leading provider of services to residential real estate REALTORS in Canada.

Stratus Building Solutions:Industry-leading franchisor in environmentally-friendly building solutions.

BarBurrito:Canada's largest QSR Mexican restaurant chain.

Cheba Hut:American sandwich shop chain with a unique brand identity.

Specialties

Royalty Acquisition Franchise Partnerships Multi-Location Business Investments

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Bought Deal Public Offering of 5.75% Convertible Unsecured Subordinated Debentures T: - FT: Bought Deal Public Offering of 5.75% Convertible Unsecured Subordinated Debentures	A: 69000000 MR: - FA: $69,000,000 FAN: 69000000	D: 2026-02-12 FD: 2026-02-12	9 investors
2	RT: Convertible Unsecured Subordinated Debentures T: - FT: Convertible Unsecured Subordinated Debentures	A: 60000000 MR: - FA: $60,000,000 FAN: 60000000	D: 2026-02-09 FD: 2026-02-09	9 investors
3	RT: Debt T: - FT: Debt	A: 69000000 MR: - FA: $69,000,000 FAN: 69000000	D: 2026-02-09 FD: 2026-02-09	9 investors
4	RT: Convertible Unsecured Subordinated Debentures T: - FT: Convertible Unsecured Subordinated Debentures	A: 60000000 MR: - FA: 60,000,000 FAN: 60000000	D: 2026-02-03 FD: 2026-02-03	1 investors
5	RT: Convertible Unsecured Subordinated Debentures T: - FT: Convertible Unsecured Subordinated Debentures	A: 50000000 MR: - FA: $50,000,000 FAN: 50000000	D: 2026-02-02 FD: 2026-02-02	1 investors
6	RT: Bought Deal Public Offering T: - FT: Bought Deal Public Offering	A: 47000000 MR: - FA: $47 million FAN: 47000000	D: 2024-02-15 FD: 2024-02-15	2 investors

Bought Deal Public Offering of 5.75% Convertible Unsecured Subordinated Debentures Latest

2026-02-12

$69.0M

9 investors (Pro only)

Convertible Unsecured Subordinated Debentures 2026-02-09

$60.0M

Debt 2026-02-09

$69.0M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

P

Paula Rogers

Chair of DIV's Board

J

Johnny Ciampi

Managing Director

G

Garry Herdler

Board Member and Chair

K

Kevin Smith

Chief Financial Officer

R

Roger Chouinard

Chief Legal Officer & Corporate Secretary

S

Sherry McNeil

President and CEO of the Canadian Franchise Association

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