Evergreen Services Group has acquired Lancom Technology, a prominent managed service provider (MSP) in Auckland, New Zealand, marking Evergreen’s expansion into the Australia and New Zealand MSP technology space. The acquisition will fuel further growth for Lancom and provide opportunities for collaboration and innovation. Evergreen’s commitment to preserving Lancom’s expertise and continuity within the organization was a key factor in the decision. Both companies aim to solidify Lancom’s position as an industry leader in New Zealand’s MSP and IT solutions community.
Why do we care?
Evergreen has had two international acquisitions in recent months. I maintain that M&A hype is still a tiny sliver of the market. That said, the roll-up players continue to expand.
Jan 22: A Correction. On Tuesday the 16th, I said, “That said, the roll-up players continue to expand. “ Evergreen’s strategy is an investment in individual companies, not combining them. I intended to focus on M&A players expanding rather than a comment on strategy, and I apologize for my casual wording.