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
Brisbane, QLD
Every investor coverage indicates participated in a round REDD raised.
The transaction that ended REDD's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Evergreen | Acquisition | 12 Jun 2025 | - | evergreensg.com (15 Oct 2025), lyratechgroup.com (15 Oct 2025), techpartner.news, lyratechgroup.com (10 Jun 2025), evergreensg.com (10 Jun 2025) |
| Evergreen Services Group | Acquisition | 12 Jun 2025 | - | ARN (ARNnet) (14 May 2026), ARN (ARNnet) (12 Jun 2025), businessof.tech |
Companies REDD acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming REDD. 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.
Evergreen has acquired South Australian IT services firm Blackbird IT, adding it to a portfolio that already includes REDD, CT Group and Lancom Technology; Ben Corbett becomes CEO.
techpartner.news reports Evergreen has bought Brisbane managed services provider REDD as its hundredth acquisition; REDD joins the Lyra Technology Group portfolio, and Zaun Bhana has taken a director role at Evergreen.
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)
Buy-and-hold tech acquirer Evergreen marks its hundredth managed-services purchase, bringing Brisbane MSP REDD into its Lyra platform, and looks back on its first 2017 deal and a billion-dollar revenue milestone with Pax8.
Also lyratechgroup.com·techpartner.news·lyratechgroup.com·evergreensg.com