Evergreen's Pine Services expands to Australia with Stratus buy
US holding group Pine Services acquires ERP consultancy Stratus Consulting, entering Australia; the article also recalls Evergreen affiliates buying Blackbird IT and REDD.
Company
San Francisco, OS
Every published round Evergreen Services Group took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies Evergreen Services Group has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Fund closes reported for Evergreen Services Group, as distinct from the investments it has made.
Companies Evergreen Services Group has backed that another company then bought. An exit for the holding, not a deal Evergreen Services Group did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Evergreen Services Group is recorded as having been acquired. | ||||
Companies Evergreen Services Group acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Company | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| REDD | Acquisition | 12 Jun 2025 | - | ARN (ARNnet) (14 May 2026), ARN (ARNnet) (12 Jun 2025), businessof.tech |
| Centrered | Acquisition | 14 Mar 2024 | - | guicarlos.com, evergreensg.com, lyratechgroup.com, prweb.com |
| Name | Role | Sources |
|---|---|---|
| Sydney Hockett | VP | evergreensg.com (27 Mar 2026), evergreensg.com (14 Mar 2024), lyratechgroup.com, prweb.com |
| Craig Fulton | Mergers and Acquisition (M&A) Advisor | ARN (ARNnet) |
| Craig Fulton | M&A Advisor (former) | businessof.tech |
Stories naming Evergreen Services Group. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
US holding group Pine Services acquires ERP consultancy Stratus Consulting, entering Australia; the article also recalls Evergreen affiliates buying Blackbird IT and REDD.
Canberra IT services firm Centrered has been bought by US holding company Evergreen Services Group, its first Australian purchase following January's acquisition of New Zealand's Lancom Technology; brand and staff are retained.
Evergreen Services Group marks its 100th managed services acquisition by buying Brisbane firm REDD, extending into Australia and New Zealand, and is cited as Pax8's first partner to exceed a billion dollars in revenue.
Also ARN (ARNnet)·ARN (ARNnet)
Evergreen Services Group has bought Centrered, a Canberra IT services firm, its first Australian acquisition. Sydney Hockett led talks with Centrered CEO Adele Pickering; no price was disclosed.