Elevate Service Group to Acquire Think Green Solutions, Building National High-Margin Lighting Platform

Elevate Service Group Inc ( (TSE:SERV) ) has provided an announcement.

Elevate Service Group Inc. has agreed to acquire Think Green Solutions Inc., a national commercial provider of premium LED lighting products, installations, and technical services for multi-site customers across Canada and the United States. The deal establishes Elevate’s high-margin national lighting vertical, enabling the company to offer more comprehensive multi-trade facility solutions and deepen its reach within retail, grocery, property, and industrial client bases.

The acquisition is expected to be immediately accretive, as Think Green generates roughly $6.3 million in annual revenue with EBITDA margins in the low-20% range, enhancing Elevate’s overall margin profile. By internalizing electrical installation work, expanding cross-selling opportunities, and retaining Think Green’s leadership under new employment agreements, Elevate aims to accelerate vertical integration, capture more project margins, and strengthen its competitive position in the North American facilities services market.

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 across Canada and the United States. The group provides integrated electrical, lighting, and facilities maintenance services to national and multi-site customers in retail, industrial, and institutional sectors, targeting large location owners and operators.

Average Trading Volume: 18,184

Technical Sentiment Signal: Buy

Current Market Cap: C$28.63M

For detailed information about SERV stock, go to TipRanks’ Stock Analysis page.