M&A Deal Summary

Evergreen Services Group Acquires GadellNet Consulting Services

On April 4, 2022, Evergreen Services Group acquired information technology company GadellNet Consulting Services from Advantage Capital Partners

Acquisition Highlights
  • This is Evergreen Services Group’s 3rd transaction in the Information Technology sector.
  • This is Evergreen Services Group’s 4th transaction in the United States.
  • This is Evergreen Services Group’s 1st transaction in Missouri.

M&A Deal Summary

Date 2022-04-04
Target GadellNet Consulting Services
Sector Information Technology
Buyer(s) Evergreen Services Group
Sellers(s) Advantage Capital Partners
Deal Type Add-on Acquisition

Target

GadellNet Consulting Services

St. Louis, Missouri, United States
GadellNet Consulting Services is a provider of managed services, including comprehensive security monitoring, on-site and cloud backup, mobile device management and professional services. GadellNet Consulting Services was founded in 2003 and is based in St. Louis, Missouri.

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Buyer(S) 1

Buyer

Evergreen Services Group

San Francisco, California, United States

Category Company
Sector Information Technology
DESCRIPTION

Evergreen Services Group is a family of business services companies and operated by world-class leadership teams and service professionals. Evergreen partners with founders of business services companies to provide operational assistance and capital in support of growth and exceptional service delivery. Evergreen Services Group is based in San Francisco, California.


DEAL STATS #
Overall 4 of 28
Sector: Information Technology M&A 3 of 24
Type: Add-on Acquisition M&A Deals 4 of 27
State: Missouri M&A 1 of 1
Country: United States M&A 4 of 19
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-01 Telco Experts

Oakland, New Jersey, United States

Telco Experts is a premier Voice and Data Telecommunications provider and a full-service consulting firm serving the business community. Telco Experts provides a wide array of customized voice, data, and IP products. Telco Experts was founded in 2017 and is based in Oakland, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-13 Western Computer

Oxnard, California, United States

Western Computer, a Microsoft Gold Cloud ERP Partner, has been providing ERP, CRM, supply chain management, and business intelligence solutions for over three decades. The company has helped hundreds of companies, from midsize to some of the world’s largest, in selecting, implementing, and reaching their business and Cloud technology objectives. Western Computer is based in Oxnard, California.

Buy -

Seller(S) 1

SELLER

Advantage Capital Partners

New Orleans, Louisiana, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1992
PE ASSETS 2.6B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Advantage Capital Partners is a private equity firm focused on providing growth capital to a variety of companies. The Firm's geographic coverage includes Alabama, Colorado, Florida, Hawaii, Louisiana, Mississippi, Missouri, New York, Texas, Wisconsin and Washington DC. Advantage looks to initially commit $0.5 to $2 million per investment and can provide mezzanine debt in addition to equity capital. Areas of interest include communications, information technology, life science, and energy. Advantage Capital was formed in 1992 and is headquartered in New Orleans, Louisiana.


DEAL STATS #
Overall 96 of 113
Sector: Information Technology M&A 13 of 13
Type: Add-on Acquisition M&A Deals 55 of 66
State: Missouri M&A 9 of 11
Country: United States M&A 96 of 113
Year: 2022 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-10 Pith Products

Ashford, Connecticut, United States

Pith Products is a designer and manufacturer of tool storage solutions primarily for the aerospace industry and precision tool markets. Pith Products was founded in 1991 and is based in Ashford, Connecticut.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-26 FIAT

Somerset, Kentucky, United States

FIAT is a manufacturer of terrazzo mop basins, shower floors, and laundry tubs for commercial, institutional, and residential markets. FIAT was founded in 1919 and is based in Somerset, Kentucky.

Buy -