• Elevate Service Group completed acquisition of Taylor Freezers (dba TFI Food Equipment Solutions) on May 6, 2026.
• Deal lifts pro forma revenue base about 80% to roughly $90 million, including $5 million of recurring subscription revenue from TFI’s Total Care program.
• TFI adds more than 60 field equipment technicians, expanding Elevate’s in-house technician base.
• Transaction brings exclusive distribution rights for Taylor, Henny Penny, Franke Coffee Systems, strengthening access to major Canadian quick-service restaurant and retail accounts.
• Consideration included issuance of 365,000 common shares, with lockups ranging from four months to five years.

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: 202605070730NEWSFILECNPR____20260507_296370_1) on May 07, 2026, and is solely responsible for the information contained therein.