Photo: Evergreen CEO Jeff Totten (right) during an MSP Summit panel of platform MSPs.
Evergreen, a holding company that owns more than 160 MSPs, expanded to the Netherlands last week with the acquisition of Lantack B.V.
One of Evergreen’s 2026 goals was to move into the Benelux region, which consists of Belgium, the Netherlands and Luxembourg. Lantack is a 10-person MSP that is a Microsoft Solutions Partner with extensive expertise across Microsoft 365, Azure, and Modern Workplace.
Although most of its MSPs are in the U.S., Evergreen also has MSPs in Canada, the U.K., Ireland, Australia, and New Zealand.
Like all Evergreen MSPs, Lantack will be managed by Evergreen’s Lyra Technology Group. Evergreen MSPs all operate independently under their original brand after they’ve been acquired.
Lantack CEO Cliff Lagendijk and his leadership team will remain in place.
“When I founded Lantack in 2008, my ambition was to bring the professionalism, structure and reliability I knew from enterprise IT into the world of small and medium-sized businesses, without losing the personal connection that makes working with these organizations so rewarding,” Lagendijk said. “As Lantack has grown, I have always been determined to preserve that identity. What surprised me most during my conversations with Lyra and Evergreen was discovering how much of that same DNA exists within a group of this size.”
Evergreen CEO Jeff Totten said Lyra will look to expand further into Benelux, the Nordics, and Europe. The holding company seeks Microsoft-focused MSPs serving SMBs and mid-market businesses.
During an interview last month at the MSP Summit, Totten explained why Evergreen MSPs remain independent.
“With decentralization, our companies are independent and have their own CEOs, so almost all day-to-day decisions are made at the local company level,” he said. “The noise coming back to the holding company is minimal. We can help with growth and AI transformation, but if a customer or employee needs something, the local CEO takes care of it. That makes the model very scalable.”
Evergreen CEO Jeff Totten
Totten said he and co-founder Ramsey Sahyoun modeled Evergreen after Warren Buffett’s buy-and-hold strategy following their attendance at a meeting of Buffett’s Berkshire Hathaway companies in 2017.
“We saw all the different companies they'd acquired over 50 years exhibiting on the trade floor. Each had its original brand name and its own CEO,” Totten said. “We thought it would be interesting for small businesses too, not just the large businesses Berkshire acquires.”
He outlined what Evergreen looks for in acquisition targets.
“We look for strong fundamentals,” he said. “Are they retaining customers at a high rate? Are they growing? Do they have happy customers and happy employees? There are also risk factors. Customer concentration is often a risk area, and so is too heavy an orientation toward private cloud.”
He also wants MSPs with more than 50% recurring revenue.
While Evergreen retains its decentralized model, it also has growth leaders to help its MSPs add customers.
“We've built a program where we can put a growth leader into a business so it no longer depends on the founder to add customers,” Totten said. “The big thing we're working on now is the full AI transformation of these companies.”
Lagendijk said Evergreen’s growth leaders will help Lantack scale.
“Becoming part of Lyra Technology Group and Evergreen gives us the opportunity to take the next step in our growth,” Lagendijk said. “We gain access to a much larger community of IT companies, entrepreneurs, knowledge, experience and resources, while continuing to build Lantack around our own people, customers and Carefree ICT culture. We can become stronger and learn from others while remaining the Lantack our customers and people recognize.”