Pine Australia - Evolution Business Systems

WA-45023

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.

Status

Assessment completed

Determination

Approved

Stage

Waiver application

Notified

31 July 2026

Acquirers

  • Pine Australia Holdings Pty Ltd

Targets

  • The Trustee for J Martin Family Trust
  • EVOLUTION BUSINESS SYSTEMS PTY LTD