Evergreen Pacific Partners News

January 10, 2011

Evergreen Pacific Partners Promotes Ty Schultz and Blair Holert

SEATTLE, January 10, 2011 - Evergreen Pacific Partners (“Evergreen”), which operates Washington state’s largest private equity fund, announced today it has promoted Ty Schultz to Senior Vice President and Blair Holert to Senior Associate.


Evergreen Pacific Partners, which manages two private equity funds totaling $700 million, invests in traditional buyouts, management led buyouts, and growth equity investments involving traditional industry, middle-market companies in the Western U.S. and Canada. To date, the firm has completed nine transactions involving companies in Washington, Arizona and California in the manufacturing, distribution, construction, radio, cable television and consumer industries.  Its investors include foundations, endowments, pension funds, and West Coast-based CEOs with experience in Evergreen’s target industries.

Before joining Evergreen, Schultz was an Executive-in-Residence for a Southern California growth equity investment fund where he served as Chief Operating Officer of a mid-sized consumer electronics company. Prior to this, Schultz worked as an Engagement Manager for McKinsey & Company where he consulted to Fortune 100 companies across a variety of industries, including, aerospace, software, hospitality and finance. Schultz holds a Bachelor of Arts degree from Pomona College and a Master of Business Administration from Harvard Business School.

Prior to joining Evergreen, Holert was an associate in the Automotive and Transportation Group at the Carlyle Group in Washington D.C. Previously, he was an analyst at Credit Suisse in the Financial Sponsors Group. Holert holds a Bachelor of Arts degree from the University of Washington in Business Administration with concentrations in Accounting and Finance.

Evergreen’s most recent transaction came in January 2011 when it took a majority stake in Good Source Solutions, a Carlsbad, California-based provider of foodservice closeout and specialized products to niche and special application markets.

About Evergreen Pacific Partners
Based in Seattle, Wash., Evergreen Pacific Partners currently manages two private equity funds totaling $700 million, with a focus on investing in traditional, middle-market companies in Western North America. Evergreen Pacific was co-founded by Timothy Bernardez, T. J. McGill, and Michael Nibarger. Evergreen Pacific’s acquisitions and investments include Western Broadband (Phoenix, Ariz.), Gene Juarez Salons & Spas (Seattle, Wash.), Good Source Solutions (Carlsbad, Calif.), Haney Truck Line (Yakima, Wash.), Puget Sound Truck Lines, Inc. (Seattle, Wash.) and Nickel Plate Express, Inc. (Portland, Ore.), Nuprecon (Snoqualmie, Wash.), CST Environmental (Brea, Calif.) and MARCOR Remediation (Hunt Valley, Md).

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