Closing the Deal
This document indiacates Evergreen's intentions to purchase a company
What is a "Letter of Intention"
These two best friends now sit together on Evergreen's sourcing team and cover these two verticals
Who are Alex van Lent (Redwood) and Conor Melbourne (EG III)
Four of the six members of the investing team hold degrees from this university
What is the University of California, Berkeley
Not technically a private equity firm, Evergreen Services Group is this type of business.
What is a Holding Company
These two analysts were most recently in your shoes having joined Evergreen in September
Who are Jabin Chambers and Alex Popke
These quarterly events allow us to "work on the business, rather than in the business for a day" and are capped off with rowdy happy hours
What are Renewals
True or False: Evergreen's preferred method of deal sourcing is via intermediary firms/advisors
What is False
This sizabe report is provided by an accounting team and verifies the financial being of a target aquisition
What is a "Quality of Earnings" report
This program hires recent MBA grads and places them in executive roles across the Evergreen portfolio and includes alumni Divya Konoru and Jessica Zhang
What is the Executive in Residence program
These two friendly faces lead Evergreen's executive recruiting
Who are Caroline Jones and Alyssa Silverman
Post close, acquired companies utilizing cash-based accounting must transition to this accounting basis
What is GAAP
This individual oversees all sourcing for Cedar Services Group?
Who is Matt Wagner
True or False: The Investing team runs tax diligence for every deal under LOI?
What is False
This duo is the go-to for all things operations related, from candidate interviews, to the monthly newsletter, to executive check-ins, to continuous vehicle research -- there's little these two don't do
Who are Adib Choudhury and Kellen Liu
This duo makes up Evergreen's expert panel on all things software partners, leading the sourcing and investing focus for Deca Development Group
Who are Katie Maley (Sourcing) and Cole Chisolm (Investing)
The process by which the purchase price of a company is renegotiated is colloquially referred to as this
What is a "retrade"
When evaluating new deals, generally Evergreen focuses on companies with at least $X of adjusted EBITDA
What is $1 million
Before deal close, the deal team must receive approval of the deal from these two bodies
What are the Evergreen and Alpine Investing Committees
This program is touted as the fastest path to becoming a CEO
What is the Aspiring Executive Program
As Evergreen's first investing intern, this individual has truly seen it all -- we'll let him tell you the good stories
Who is Kunal Malhotra
This important spreadsheet contains wiring information for each party upon deal close
What is a "Flow of Funds"
This platform was used as the Sourcing team's primary CRM before DealCloud
What is Salesforce
What is Fund IX
This file outlines Evergreen financial performance across the portfolio and at the HoldCo level
What is the Evergreen Reporting Package
Two of Evergreen's funniest team members, these two individuals support Torie and John with all things finance and accounting
Who are Tara Isenberg and Kyle Penuen