Private Equity

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Evergreen Pacific Partners

Evergreen Pacific Partners is a private equity firm founded in 2004.

Evergreen Pacific Partners logo

Evergreen Pacific Partners

Evergreen Pacific Partners is a private equity firm founded in 2004. It invests in mature Canadian and western companies, focusing on acquisition and expansion financing, buyouts, consolidation, and divestiture. The firm invests a minimum of $15 million in companies with up to $50 million in annual revenue.

General information

Firm type

Private Equity

Year founded

2004

AUM

$250M - $750M (Altss estimate)

Location

Region

North America

Country

United States

City

Seattle

Corporate office

Seattle, WA, United States

Principals

T.J. McGill

Co-Founder & Managing Partner

Timothy Bernlohr

Co-Founder & Managing Partner

Michael Nibarger

Co-Founder & Managing Partner

Sector focus

Industrial TechBusiness ServicesManufacturingDistribution & Logistics

Frequently asked questions

Who runs investment decisions at Evergreen Pacific Partners?

The three co-founders — T.J. McGill, Timothy Bernlohr, and Michael Nibarger — collectively run the firm. All hold the title of Managing Partner, and no outside senior investment partners have been added. This concentrated governance structure means all material investment decisions trace back to the founding group.

What investment stages does Evergreen Pacific Partners typically target?

The firm targets control buyouts and management buyouts of established middle-market companies. It focuses on mature businesses with a history of cash flow, not early-stage or growth-stage ventures. The typical entry is a control position in a founder-owned company or corporate carve-out.

How does Evergreen Pacific Partners source proprietary deal flow?

The firm leans heavily on its founders' long-standing relationships in the Western US and Canadian business communities. Their personal networks — built through decades in Seattle and regional industries — are the primary sourcing engine. There is no disclosed systematic outbound origination program or sector-dedicated sourcing team.

Does Evergreen Pacific Partners participate in fund commitments or only direct deals?

Evergreen Pacific Partners invests directly in operating companies. There is no public record of the firm acting as a limited partner in external funds. The strategy is built entirely around direct control investments in the industrials and services sectors.

Which sectors does Evergreen Pacific Partners explicitly avoid?

The firm has consistently avoided technology, healthcare services, and consumer-facing businesses. Its disclosed portfolio and stated mandate remain anchored in manufacturing, industrial services, logistics, and distribution — sectors it describes as traditional, asset-heavy businesses.

What size of company does Evergreen Pacific Partners typically acquire?

The firm targets middle-market companies with enterprise values between roughly $25 million and $150 million. This band aligns with the small end of institutional buyout funds and sits well below the thresholds targeted by mega-cap firms, leaving a competitive window in Western North America.

Does Evergreen Pacific Partners have a known philanthropic or family-office structure?

No family-office, foundation, or separate philanthropic entity is publicly tied to Evergreen Pacific Partners. The firm operates as a standalone private equity partnership, with no disclosed multi-family-office services or club-investment vehicles.

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