Lindapter
Evergreen invested capital and time behind a new growth strategy. Since the acquisition, Lindapter has expanded across North America, invested significantly in research and development, and grown revenue every year.
About LindapterPrivate investment firm
Patient capital for enduring businesses.
Evergreen Capital, L.P. manages capital on behalf of the Wolfe family. For more than three decades we have acquired, repositioned and reinvested in established brands and technical businesses around the world.
- Years of investing and operating experience
- 30+
- People employed across the portfolio
- 5,000+
- Annual revenue from recent acquisitions
- US$400M+
The firm
A long-term owner and an active partner.
We back established, market-leading brands and innovative companies built on deep engineering or technical expertise. Our portfolio companies employ more than 5,000 people across the United States, Europe and the Asia-Pacific region.
Alongside capital, our team offers operational and strategic advice to guide each business toward long-term, sustainable growth, and takes an active role when it is needed.
- 01
Acquisition and repositioning
We buy established brands and franchises, then reposition and reinvest in them for their next chapter.
- 02
Operational guidance
Our team brings hands-on operating and strategic experience, and takes an active role when a company needs it.
- 03
Support at every stage
From protecting a young company’s intellectual property to taking a mature business into new markets.
Industries
- Fire safety systems
- Security and access control
- Guarding and cash logistics
- Engineered steel products
- Chemicals and materials
- Real estate
- Software and data
Success stories
Value built over years, not quarters
Armourguard
Armourguard has won major cash-in-transit contracts with Westpac NZ and ASB Bank, guarding for the Ministry of Social Development, and patrol services for Auckland Transport.
About ArmourguardWormald Fire & Security
Built from the Fiji guarding, fire and security business of Tyco International. The team recently delivered integrated fire protection, IP CCTV and access control for the Nadi International Airport extension.
About Wormald Fire & SecurityRecent acquisitions
- Acquired WormaldAustralia’s iconic fire protection brand, protecting people and property for more than 125 years.
- Acquired ArmourguardNew Zealand’s largest security services and cash-in-transit provider, with more than 1,750 employees.
- Acquired Guardforce (Fiji)Fiji’s largest specialist security and fire protection company, now operating alongside Wormald Fire & Security.
Together these businesses generate annual revenue in excess of US$400 million.
News
From across the portfolio
- Protect Your Home: Simple Steps to Prevent House Fires wormaldfireandsecurity.com
- Two NZSA Winners, Nine Finalists and Seven Life-Saving Honours: Armourguard Shines at the 2026 NZSA Awards armourguard.co.nz
- Guardforce Fiji and Wormald Fire & Security Join Fiji’s First Aviation Careers Open Day wormaldfireandsecurity.com
- Outstanding result for Armourguard a reflection of our amazing people and culture armourguard.co.nz
- Wormald Fire and Security Strengthens Workplace Safety Through Specialized Training wormaldfireandsecurity.com
- Guardforce Fiji Participates in International Security Day Commemoration wormaldfireandsecurity.com
Start a conversation
For inquiries about Evergreen Capital or any of our portfolio companies.