Elite Group, Inc.
WHO IS ELITE GROUP, INC.?
ELITE Group, Inc. specializes in the acquisition of assets related to the oil field services. Management’s objective is to acquire and consolidate oil field service assets in the prolific oil and gas exploration areas. Management believes it will accomplish its goal to maximize shareholder value through strategic acquisitions, effective business model design and economies of scale to an expanding industry. ELITE Group, Inc. will use the most environmentally friendly procedures and processes available to the industry.
The principals of ELITE Group, Inc. have over 50 years of combined experience providing financial and operational management support to numerous companies in the oil and gas industry.
NEWEST ACQUISITION BY ELTZ:
ELITE Group, Inc. (ELITE) has acquired Pirate Oilfield Services, Inc. Pirate Oilfield Services, Inc. is an oil and gas service company located in Midland, Texas. Pirate provides multiple services to oil and gas companies including roustabout services, equipment rental, welding services, and many others.
Pirate Oilfield Services, Inc. is the initial acquisition for ELITE and will serve as the platform entity for future acquisitions.,
MORE ACQUISITIONS TO COME?
Terry Tecco, CEO of ELTZ, commented, “Pirate Oilfield Services, Inc. is the initial acquisition for ELITE and will serve as the platform entity for future acquisitions. As part of our ongoing business strategy we will continue to research and identify additional acquisitions that fit our model.”
ELTZ has identified several companies that complement each other through the services they offer. ELITE Group, Inc. will be able to provide substantial growth opportunities for these companies through their relationships with these companies.
Company Name: PublicWire
Contact Person: Dave Donlin
Address:5850 TG Lee Blvd, Suite 300
Country: United States