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New Deal


Announced

Completed

Alpine Investors-backed Evergreen Services Group completed the acquisition of The Final Step.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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professional services

project management

United Kingdom

Cross Border

Private Equity

Completed

Management Consulting

Acquisition

Private

Majority

Single Bidder

Friendly

Synopsis

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Alpine Investors-backed Evergreen Services Group, a family of managed IT services and software companies, completed the acquisition of The Final Step, an IT Managed Service Provider in London. Financial terms were not disclosed. “We are thrilled to kick-off our UK expansion with the acquisition of TFS. The UK is a natural next step for Evergreen following our success partnering with technology services companies across the US and Canada. We have been thoroughly impressed by the wonderful company that Raja, Luisa and their team have built. TFS’s deep commitment to putting customers first makes it an ideal partner company to launch Evergreen’s UK effort," Jeff Totten, Evergreen CEO.

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