DKBinnovative has been acquired by Evergreen Services Group under the guidance of TKV-6 Strategies. DALLAS, TX: After a short quiet period, TKV-6 Strategies announced today that it has successfully facilitated the acquisition of DKBinnovative (DKB) by Helix Technology Partners, a division of Evergreen Services Group, backed by private equity firm Alpine Investors.
TKV-6 Strategies conducted a comprehensive auction of the company leading to numerous offers from strategic and financial investors. After detailed assessment and aggressive negotiations, the ideal cultural and financial fit partner was chosen; Evergreen Services Group backed by Alpine Investors which holds a philosophy of retaining corporate identity, retaining employees, and empowering management for continued autonomy. “We are ecstatic with the engagement of TKV-6 Strategies,” stated Keith Barthold, CEO of DKBinnovative. “The firm did an outstanding job in preparing the company, negotiating, processing the diligence and closing the transaction, all within an incredibly tight deadline, we could not have done it without them." “TKV-6's efficiency and effectiveness were paramount to getting an instrumental deal done. They made our lives easier every step of the way.”, Sydney Hockett, Vice President of M&A, Evergreen Services Group. DKBinnovative is an industry leading Dallas-based Managed Service Provider (MSP) and IT Services Provider to local DFW area and regional businesses, including large F5000 companies. After a comprehensive auction process, DKBinnovative chose Evergreen Services Group due to the strong cultural fit and favorable terms negotiated by TKV-6 Strategies, including that the name and brand identity in the Dallas metro area was to remain intact, the operating structure of the business was not to change, and the employees were to be retained. DKB has a significant number of highly recognized clients in the metroplex, from private equity firms and medical instrumentation manufacturers to architectural and engineering firms, and many more. With more than 70 successful acquisitions, Evergreen has a proven track record of amplifying organizations in the MSP space while still preserving its legacy and investing in its continued success. Due to the success of acquiring DKBinnovative, Evergreen Services Group now plans on acquiring more IT Services and MSPs in the DFW and southern region and expanding the job base, which will continue to bolster the DFW IT industry with resources and capital to become one of the leading IT regions in the nation. For more information on how TKV-6 can serve the future of your business, please contact [email protected]. About DKBinnovative: DKBinnovative is a Dallas IT Consulting & Support firm that partners with clients as a trusted advisor to deliver the right technology and IT solutions so that they achieve their strategic objectives, create business value, improve user satisfaction, and ultimately reduce costs by removing focus from IT and putting it back on business productivity. About Evergreen Solutions Group: Evergreen is a family of leading managed services and software companies operated by world-class leadership teams. Evergreen partners with owners of services and software businesses to provide operational assistance and capital in support of growth and exceptional service delivery. Evergreen differentiates itself by providing a permanent home for businesses that care deeply about their customers and employees. For more Evergreen news and information, visit www.evergreensg.com. About TKV-6 Strategies: TKV-6 Strategies (To Know Value - 6 principles of establishing true shareholder value) is an award-winning boutique investment bank and M&A advisory firm based in Dallas, TX. The firm specializes in software, technology enabled platforms, electronics and IT services. With over thirty years of experience, TKV-6 Strategies professionals are passionate about helping clients achieve their desired outcomes and finding the ideal strategic partner or acquirer. TKV-6 has been recognized for the 2019 Corporate Deal of the Year (Atlas Awards), 2018 & 2019 Investment Banker of the Year (The M&A Advisor), the 2023 Deal of the Year Finalist (D CEO), and most recently the 2024 Cross-Border Deal of the Year (Atlas Awards). For further information, please contact: [email protected] www.tkv6strategies.com ### |