Diversified Royalty Corp. operates as a multi-royalty corporation, concentrating its efforts on acquiring royalty interests from franchisors and businesses with multiple locations throughout North America. Its portfolio prominently features ownership of well-known trademarks such as Mr. Lube, AIR MILES, Sutton, Mr. Mikes, Nurse Next Door, and Oxford Learning Centres. The company was originally established in 1992 and previously traded under the name BENEV Capital Inc. before officially rebranding to Diversified Royalty Corp. in September 2014. Its corporate headquarters are situated in Vancouver, Canada.