Evergreen North America Industrial Services

Evergreen North America Industrial Services (“Evergreen”) is a leading provider of specialized and recurring environmental solutions for a diverse range of blue-chip industrial businesses and mission critical infrastructure. Evergreen was created through the combination of family owned, New York-based North American Industrial Services and Houston-based Evergreen Environmental Services. Since the combination in 2016, Evergreen has continued to expand its client base and national footprint of nested, in-facility customer relationships while delivering superior operational execution and an unrelenting focus on safety.

A PORTFOLIO COMPANY OF

HAS BEEN ACQUIRED BY

Industrial & Environmental Services

Situation

BlackArch was retained by Evergreen and The Sterling Group to serve as the company’s exclusive financial advisor.

BlackArch’s Customized Solution

BlackArch leveraged its deep industry expertise to create tailored marketing materials and in-depth data analyses to effectively position and support Evergreen’s distinctive business model and growth profile. The BlackArch team also provided hands-on support and guidance for Evergreen’s management team and shareholders throughout the entirety of the preparation, buyer engagement and diligence process.

Outcome

BlackArch delivered a premium outcome for Evergreen and its shareholders. The highly complementary acquisition of Evergreen in January 2024, combined with Quanta Services’ longstanding industry leadership in specialty infrastructure solutions, positions Evergreen to continue its track record of delivering the highest quality services and support to its customers.

Industries:

Energy & Industrial Services

Location:

La Porte, TX

Transaction type:

Sellside Advisory