by Ty Trumbull • Jan 20, 2021
Evergreen Services Group has announced a pair of acquisitions, buying Arnet Technologies and LK TECH. The terms of the deals were not disclosed.
These are M&A deals number 56 and number 57 that ChannelE2E has covered so far in 2021. See all technology M&A deals for 2021 and 2020 listed here.
Evergreen, backed by Alpine Investors, is made up of a group of managed IT services providers. The group has made a number of investments in recent years. Earlier deals involved Wolf Consulting, Executech, Jenlor, Interlaced, and Integritek among others. The deals typically allow MSPs to maintain their existing leadership teams and continue running their businesses independently. Evergreen’s additional financial muscle typically assists with talent, technology and other types of investments.
Read full article here: https://www.channele2e.com/investors/mergers-acquisitions/evergreen-services-group-acquires-arnet-technologies-and-lk-tech/