Meet the Evergreen Groves

Meet the Groves: Lyra, EFTG, Cedar, and Pine

The Evergreen family is comprised of four different Groves, each specializing in a different sector. Each Grove is led by a CEO and management team committed to building the best long term home for businesses in their industry.

Lyra: Managed Service Providers (MSPs)

As a family of industry-leading technology service businesses, Lyra Technology Group is dedicated to building the best home for the world’s leading MSPs. The Lyra team strives to empower its companies to grow their businesses while retaining their brand, employees, and culture post-investment.

With over 3,000 team members, Lyra manages over 300,000 devices across about 10,000 organizations. Core values of integrity, persistence, growth mindset, and gratitude guide every aspect of Lyra’s day-to-day operations. At Lyra, our people are the driving force behind our success, and we take pride in the community of industry-leading experts who share knowledge and grow together. Lyra is led by CEO Elliott Hyman .

EFTG: Financial Services Software

Evergreen Financial Technology Group, an Evergreen Company , or EFTG, is focused on software companies that support financial institutions, with a focus on credit unions and community banks. EFTG drives growth in its companies by investing in cutting edge technology that helps financial institutions grow their businesses and support their customers. With a permanent time horizon, customers know that EFTG companies will be there for the long haul as a trusted technology partner. EFTG was founded in 2020 and is led by CEO Steffi Decker .

Cedar: Government Services

Cedar Solutions Group, an Evergreen Company , is a family of companies who serve federal, state, and local governments, with a focus on the Defense and Intelligence communities. Cedar is driven by a vision to build a permanent home for companies that support our most critical national security priorities. Since its founding in 2021, Cedar has partnered with many companies and has already made its mark by fostering a culture of collaboration and growth amongst the leadership teams at each company. Cedar is led by CEO Adam Jones .

Pine: Software Partners?

Pine Services Group is a group of top software partners, with a focus on cloud-based ERP and CRM platforms. Since its founding in 2021, Pine has partnered with nine businesses across leading software platforms such as Sage Intacct, Microsoft Dynamics, Acumatica, and more. Pine is led by CEO Jana Miller Schmidt and focuses on driving sustainable long-term growth while preserving the brand and culture that makes each Pine company successful and unique.

Conclusion

With Evergreen’s support, each Grove is committed to upholding the broader mission of providing a permanent home for founder-led businesses that care deeply for their customers and employees. Together all the Groves provide long-term support, allowing each company to maintain its unique culture, brand, and autonomy while benefiting from Evergreen’s collective expertise and resources. With the combined expertise of each Lyra, EFTG, Cedar, and Pine, Evergreen has succeeded in acquiring 89 companies with 0 sold.