Elevate Service Group to acquire Think Green Solutions for CAD 5.15 million

Reuters

03/12

Elevate Service Group to acquire Think Green Solutions for CAD 5.15 million

Elevate agreed to acquire Think Green Solutions, a provider of commercial LED lighting products, installations and technical services. The purchase price is CAD 5.15 million, including CAD 1.35 million in cash and CAD 1.45 million in common shares. The consideration also includes CAD 0.6 million in deferred payments and a CAD 1.75 million promissory note with a three-year term. Think Green reported average revenue of about CAD 6.3 million across 2024 and 2025, with average EBITDA margins of 22% to 24%. The founders of Think Green will remain with the business under new employment agreements.

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: 202603120700NEWSFILECNPR____20260312_288201_1) on March 12, 2026, and is solely responsible for the information contained therein.

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