Corporate / CVC
Technology-focused holding company specialising in acquiring and supporting ERP and technology-enabled services businesses through a decentralised model
Every published round Pine 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 Pine 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 Pine Services Group, as distinct from the investments it has made.
Companies Pine Services Group has backed that another company then bought. An exit for the holding, not a deal Pine Services Group did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Pine Services Group is recorded as having been acquired. | ||||
Companies Pine 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 |
|---|---|---|---|---|
| Evolution Business Systems | Acquisition | 1 Sep 2026 | - | ARN (ARNnet) |
| Name | Role | Sources |
|---|---|---|
| Joel Johnson | CFO | ARN (ARNnet) |
| Lela Day | Chief People Officer | ARN (ARNnet) |
Stories naming Pine Services Group. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Evolution Business Systems, a Microsoft partner, has been acquired by Pine Services Group, part of Evergreen, effective 1 September. EBS keeps its name, leadership and operations; no price was disclosed.
US holding group Pine Services acquires ERP consultancy Stratus Consulting, entering Australia; the article also recalls Evergreen affiliates buying Blackbird IT and REDD.