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.