M&A Deal Summary

Evergreen Services Group Acquires Solution Systems

On May 8, 2024, Evergreen Services Group acquired information technology company Solution Systems

Acquisition Highlights
  • This is Evergreen Services Group’s 9th transaction in the Information Technology sector.
  • This is Evergreen Services Group’s 8th transaction in the United States.
  • This is Evergreen Services Group’s 1st transaction in Illinois.

M&A Deal Summary
Date 2024-05-08
Target Solution Systems
Sector Information Technology
Buyer(s) Evergreen Services Group
Deal Type Add-on Acquisition

Target

Solution Systems

Rolling Meadows, Illinois, United States
Solution Systems provides comprehensive business solutions such as ERP, CRM, Data Analytics, Web Development, and IT Infrastructure systems and support to businesses of all types. Solution Systems was founded in 1979 and is headquartered in Rolling Meadows, Illinois.

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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.

DEAL STATS #
Overall 11 of 14
Sector (Information Technology) 9 of 11
Type (Add-on Acquisition) 10 of 13
State (Illinois) 1 of 2
Country (United States) 8 of 11
Year (2024) 6 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-04 Digital Origin

Towcester, United Kingdom

Digital Origin is an IT service company that provides businesses throughout the UK with comprehensive solutions that combine all of their IT needs within a single provider. Offers 'Connectivity-as-a-Service' or 'CaaS' business model delivers wholesale IT, MSP, and cybersecurity solutions for three sectors—IT connectivity, telephony, and mobile solutions. Digital Origin was founded in 2018 and is based in Towcester, England.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-10 ETHOSystems

Lisle, Illinois, United States

ETHOSystems is a provider of integrated construction and commercial real estate software solutions. ETHOSystems is based in Lisle, Illinois.

Buy -
Mergr

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