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Elevate Service Group Inc ( (TSE:SERV) ) just unveiled an update.
Elevate Service Group Inc. confirmed that its previously announced acquisitions of a security solutions provider and an electrical services business remain on track to close in January 2026, with integration planning underway to fold these operations into its national facilities management platform. The company also announced a leadership change with the appointment of Frank Guo as interim CFO following the departure of Harjit Brar, reported increased insider ownership as directors and officers have been buying shares and now collectively hold nearly half of the outstanding stock under lock-up or escrow, and disclosed plans to engage DS Market Solutions Inc. as a market maker to enhance trading liquidity, subject to TSX Venture Exchange approval.
More about Elevate Service Group Inc
Elevate Service Group Inc. is a national facilities management and essential commercial services platform focused on consolidating and modernizing a fragmented sector. Through its operating companies, it leverages more than 20 years of experience serving national, blue-chip customers, pursuing a strategy of integrating profitable operating businesses on a scalable national platform to deliver broader services, shared infrastructure, technology integration and operational synergies. The company is listed on the TSX Venture Exchange under the ticker SERV.
Average Trading Volume: 23,780
Technical Sentiment Signal: Buy
Current Market Cap: C$20.03M
For detailed information about SERV stock, go to TipRanks’ Stock Analysis page.