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16
days
Acquirer(s)
REDWOOD SERVICES GROUP AUSTRALIA PTY LTD ABN - 15 675 368 162
Target(s) or Vendor(s)
NEWTREND I.T. SPECIALISTS PTY LTD ABN - 54 124 502 656
Other parties
Evergreen Services Group Topco, LLC EIN - 202252119595
Redwood Services Group Australia Pty Ltd is acquiring Newtrend I.T. Specialists Pty Ltd, a managed IT services provider. This share acquisition involves Redwood, part of Evergreen Services Group, purchasing 100% of shares in Newtrend's holding company, Kewdale Investments Pty Ltd. Both supply managed IT services to Australian small-to-medium businesses.
Redwood Services Group Australia Pty Ltd ( Redwood ) proposes to acquire Newtrend I.T. Specialists Pty Ltd ( Newtrend ), through the acquisition of 100% of the shares in its holding company, Kewdale Investments Pty Ltd (the Acquisition ). Redwood’s subsidiaries supply managed IT services, including the provision of software and hardware, to small-to-medium businesses and enterprises across Australia. Redwood is part of Evergreen Services Group ( Evergreen ), which acquires managed IT service providers ( MSPs ) and other technology services companies globally. Evergreen is a portfolio company of Alpine Investors, a private equity firm headquartered in San Francisco, California. Newtrend supplies managed IT services, including the provision of software and hardware, to small-to-medium businesses and enterprises.