Elevate Service Group Inc. to Acquire Ontario Security Solutions Provider

Reuters11-20

Elevate Service Group Inc. to Acquire Ontario Security Solutions Provider

Elevate Service Group Inc. has entered into a letter of intent to acquire an Ontario-based security solutions provider, marking the company's entry into the security services market. The proposed deal, valued at approximately $3.5 million, includes a combination of Elevate common shares, cash payments, and a subordinated promissory note convertible into shares at maturity. The acquisition is expected to establish a new business line within Elevate's platform, enabling cross-selling opportunities and expanding its service capabilities for national, multi-site commercial customers. The transaction is anticipated to close in December 2025, with the vendor set to take on an operational leadership role within Elevate.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Elevate Service Group Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 275247) on November 19, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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