MergerLoop
  • Home
  • All Deals
  • Newsletter
  • 20 Weeks In Report
Back to register

MergerLoop is a DDLoop project

Back to register
WA-45023

Pine Australia / Evolution Business SystemsWA-45023

View on ACCC

Processing timeline

18

days

Filed

31 July 2026

Notification waiver determination published

Decision

18 Aug 2026Notification waiver determination published
Type
Waiver
Outcome
Approved
Stage
Waiver application
Status
Assessment completed

Parties

Acquirer(s)

Pine Australia Holdings Pty Ltd ACN - 697 228 309

Target(s) or Vendor(s)

The Trustee for J Martin Family Trust ABN - 16 569 506 313, EVOLUTION BUSINESS SYSTEMS PTY LTD ABN - 44 097 484 743

Other parties

None listed

Summary

Pine Australia Holdings Pty Ltd, part of Evergreen Services Group (a portfolio company of Alpine Investors), acquired 100% of the shares in Evolution Business Systems Pty Ltd. Both companies supply enterprise resource planning (ERP) systems consulting, implementation, and resale services to Australian businesses.

Acquisition details

Pine Australia Holdings Pty Ltd ( Pine Australia ) proposes to acquire 100% of the shares in Evolution Business Systems Pty Ltd ( EBS ) (the Acquisition ). Pine Australia’s subsidiaries supply enterprise resource planning ( ERP ) systems consulting, implementation, and resale services to small-to-medium businesses and other enterprise customers across Australia. Pine Australia is part of Evergreen Services Group ( Evergreen ), which acquires technology services companies globally. Evergreen is a portfolio company of Alpine Investors, a private equity firm headquartered in San Francisco, California. EBS supplies ERP consulting, implementation, and resale services to small-to-medium businesses, not-for-profits, and other enterprise customers across Australia.

Industry

Broad:Professional & Business Services

Decisions and key events

18 Aug 2026Notification waiver determination publishedAttachmentPDF140.3 KB

More Professional & Business Services deals

  • MUFG Pension & Market Services / Grow Technology ServicesMN-35030 · Notification · Filed 31 Aug 2026
  • Blackstone funds and Perpetual Trustees / HSBC loan portfolioMN-85047 · Notification · Filed 27 Aug 2026
  • WSP / e2mMN-35038 · Notification · Filed 26 Aug 2026
  • Herron Todd White / CJA Lee Property ValuersMN-75036 · Notification · Filed 25 Aug 2026
  • Novonesis / MicrobiogenMN-10030 · Notification · Filed 21 Aug 2026
  • Lone Star Funds / ContiTechMN-85043 · Notification · Filed 20 Aug 2026