G3312W117

Evergreen Corporation

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A maker of nothing itself, Evergreen is a holding company that buys and permanently backs small, founder-run IT services businesses — helping them keep their own names while sharing cybersecurity, cloud, and compliance muscle. Founded in 2017 by two veterans of the private equity firm Alpine Investors, it takes its name from a "perpetual hold" model: unlike rivals that flip companies after a few years, Evergreen aims to be the businesses' permanent home. A fun quirk: its portfolio companies keep their original brands, so you'd never guess they're all one family.

Redeemable warrant to purchase one Class A ordinary share at 1.50 per share