SOURCE: Conkrite Capital Corporation

August 24, 2017 12:00 ET

Conkrite Capital signs Management Partnership Agreement with Mapletech Mechanical Inc.

TORONTO, ON--(Marketwired - August 24, 2017) - Conkrite Capital Corporation announced today that it has been appointed as Managing Partner for Mapletech Mechanical Inc. Effective September 1st, 2017. Mr. Sree Suba Will continue to serve as Chief Mechanical Officer under the Direction of Mr. Nicolas Del Valle CEO of Conkrite Capital Corporation.

The partnership is the by-product of many months of deliberation intended to create value for Toronto's Condominium residents. This partnership will allow Conkrite Capital to streamline mechanical, electrical, HVAC, plumbing and miscellaneous services not only for Condominiums but also for the commercial property portfolio and residential customers under the Household Management Program.

"With full support from our partnership, I am pleased to congratulate Mr. Sree on making the smart decision to appoint Conkrite as Mapletech's managing partner. Mapletech adds value which is why we were so persistent in pursuing and closing the partnership agreement. I am very confident that together we will form a cohesive platform to provide equity to Toronto's citizens and to continue adding worth to this great city," said Nicolas Del Valle.

Mapletech is a Building and home service company with over twenty years serving the Toronto Market offering Mechanical, Electrical, Duct Work, HVAC and Plumbing services. Over the past 13 months, Mr. Sree has been discussing the possibilities of a management agreement with Conkrite Capital and now this is a reality. Mapletech provides over 150 direct and indirect jobs in Ontario and Conkrite's Condominium Management, consulting, Project Management and Comprehensive Facility Management services will benefit from being able to provide a better and prompt service particularly to Condominium owners in Toronto because of this agreement. "This is a dream come true" said Mr. Sree in a short interview last Monday, "the agreement we have entered with Conkrite Capital will be the hallmark of improved and fast service for Condominium owners in Toronto who are demanding a honest, experienced and accountable service for their building communities and their individual suites" he concluded.

Under this agreement Conkrite Capital will be providing Mapletech with a fast-paced growth service strategy, leveraging the more than twenty-year trajectory this great company has in the marketplace. Conkrite will be implementing a technological transformation of its current operations and redesigning its whole corporate identity coupled with a state of the art human resources management program.

About Conkrite Capital

Conkrite Capital assists companies and facilities achieve greater efficiency in their core business by providing essential services: Management, Building Operations, Renovations, Janitorial, Grounds and Turf. We establish long-term relationships with our clients by adding value to their businesses and properties.

About Mapletech

Mapletech Mechanical is a heating, ventilation, and air conditioning (HVAC) company located in Toronto, Ontario. We are a solid and experienced maintenance and service provider in the Industrial, Commercial and Residential Heating, Ventilation, Air Conditioning and Refrigeration (HVAC/R) industry.

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