A group of managed IT services companies called Evergreen have acquired Milton Keynes-based IT firm Digital Origin. The investment marks Evergreen's second acquisition in the UK.
Sydney Hockett (pictured), Vice President of M&A, Evergreen, said: "Digital Origin fits well with Evergreen's strategic vision and values and will be an integral part of our UK expansion."
Digital Origin CEO James Evans added: "This deal represents the next pivot point in a journey that Digital Origin started in 2018. We now have the rocket fuel required to take us and our clients forward as we traverse the digital Agora and next leg of our evolution."
US-based Evergreen now has more than 80 IT services acquisitions under its belt. Knight Corporate Finance acted as exclusive advisors to Digital Origin and the transaction.