Accede Energy Services Ltd. was formed in December of 2010 by Gord Fritz, Kris Fleckenstein, and Jim Todd. Accede Energy Services Ltd. is an employee owned and operated organization that acquires companies offering synergistic capabilities to one another. The focus of Accede is on returning profits to its shareholders through yearly dividends.
Accede aims to acquire companies offering different services in different geographic areas. The idea of this strategy is that Accede can then grow organically into the new areas with existing services and bring on new customers for the existing services, and vice versa.
Acquisitions work best when the key people are retained. By focusing on acquiring through a use of shares the key people are retained and have a vested interest going forward. Further, acquisitions that offer customer lists, new services, and new geographic areas add more value to the acquiring firm than acquisitions that have similar customer lists, similar services, and in current geographic areas. Accede believes this strategy will allow for significant growth both internally and through further acquisitions.
To be the preeminent energy services provider in North America.
By providing a portfolio of energy services to meet the needs of the clients, Accede will provide value to all stakeholders. To the shareholders, the return on investment through dividends. To the employees, the work that is more than just a job through employee ownership. To the suppliers, a commitment of fair practices. To the clients, the fleet of services and excellence of work performed. To the communities in which Accede operates, economic and social benefits.
Accede is professionally run by a qualified shareholder management team and advised by industry leaders at its board level. Corporate governance is near that of a publically traded company to ensure the highest level of integrity and return to the shareholders. The Board of Directors is elected to a two year term and consists of management and non-employee shareholders (independents). The shareholder base is very diverse with no one party owning or controlling more than twenty five percent of the issued shares of the company.