If you’re thinking “it might be time to sell my msp,” this article is a great read.
The MSP or Managed Services Market has grown in attention from Roll ups, Private Equity and Holding Companies. There are now more options then ever for MSP owners, with an emotional decision to make. With so many options, it’s important that sellers do their research on buyers as well, and ask themselves if they like the future of their business in this buyers hands. Evergreen’s decentralized model is made for MSP and ERP owners who are interested in selling their business, but are anti-rollup and would like to retain their legacy. A difference from centralizing tech stacks, and gutting businesses to drive revenue growth, Evergreen builds on the foundation of what the business has already accomplished. Businesses are able to keep their white glove service and the employees that have made the white-glove service possible. That’s the core of what they do; retain the soul of the business – the employees, the brand and the customers.
Omdia by Informa took a look inside Evergreen, as the biggest M&A machine for MSPs. The M&A Machine that is designed as a Founder-Friendly operating model. Evergreen’s aggressive acquisition strategy reached new heights in 2025, with 47 acquisitions confirmed, showcasing a unique decentralized model to drive organic growth and target smaller, founder-owned MSPs. With three-platform operating companies, including Lyra Technology Group hitting $1 billion in annual recurring revenue in June 2025, Evergreen aims for even more acquisitions in 2026 and a bold $5 billion revenue goal by 2030, setting itself apart as a dominant force in the global MSP ecosystem.
Executive summary
Evergreen, backed by Alpine Investors, confirmed 47 acquisitions in 2025, making it by far the most active acquirer in the global MSP ecosystem. Of those 47, just 16 were publicly disclosed, meaning nearly two-thirds of Evergreen’s deal activity occurred below the visibility threshold of industry trackers, press aggregators, and competing acquirers.
Evergreen operates through three distinct platforms: Lyra Technology Group (33 MSP acquisitions across five countries in 2025), Pine Services Group (nine ERP partner acquisitions in 2025), and Cedar Solutions Group (five government IT services acquisitions in 2025). Lyra alone reached $1 billion in annual recurring revenue by mid-2025 and marked its 100th cumulative MSP acquisition in June 2025.
Read the Full Article Here: https://omdia.tech.informa.com/om145130/evergreen-services-group-inside-the-msp-markets-largest-acquisition-machine
The post Should I sell my MSP? Inside MSP’s Largest Acquisition Machine appeared first on Evergreen.




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