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The latest update is out from Elevate Service Group Inc ( (TSE:SERV) ).
Elevate Service Group has completed its acquisition of Think Green Solutions, a national provider of turnkey energy-efficient LED lighting and control solutions for retrofit and new construction projects. The deal establishes a scalable national lighting and energy optimization segment for Elevate and is expected to be immediately accretive to earnings, while Think Green’s founders will remain in leadership roles to drive further growth.
The company also acquired JJ&A Mechanical and confirmed the full-time appointment of Frank Guo as chief financial officer, underscoring its strategy to create a leading national facilities services platform. Together, these moves deepen Elevate’s capabilities in lighting and mechanical services, support margin expansion, and strengthen its competitive position serving multi-site commercial and industrial customers in Canada and the United States.
More about Elevate Service Group Inc
Elevate Service Group Inc. is a Toronto-based facilities services company focused on building a vertically integrated, national platform. Through targeted acquisitions, it offers a range of services including energy-efficient LED lighting, controls, and mechanical solutions to multi-site commercial and industrial clients across Canada, with a growing U.S. presence.
Average Trading Volume: 15,018
Technical Sentiment Signal: Buy
Current Market Cap: C$29.32M
Learn more about SERV stock on TipRanks’ Stock Analysis page.