First Onsite Property Restoration Acquires All Restoration Solutions (ARS)

First Onsite Property Restoration Acquires Case Restoration, Inc.

August 22, 2023

Construction

First Onsite Property Restoration has acquired Case Restoration, a Nashville-based full-service mitigation and general contracting firm. The deal expands First Onsite's mitigation, general contracting and large-loss capabilities in the Mid-Tennessee region and extends its geographic footprint.

First Onsite Property Restoration Acquires Emergency Restoration, Inc.

November 3, 2022

Industrial Services

First Onsite Property Restoration, a North American disaster recovery and restoration provider and subsidiary of FirstService Corporation, has acquired Emergency Restoration, Inc. (ERI), a New Orleans/Metairie-based mitigation and water-damage restoration specialist. The acquisition expands First Onsite’s regional capabilities and capacity to serve large commercial, municipal, healthcare and education clients across the Gulf Coast; financial terms were not disclosed.

First Onsite Property Restoration Acquires DryPatrol LLC

December 18, 2023

Environmental Services

First Onsite Property Restoration, a North American disaster recovery and restoration provider and subsidiary of FirstService Corporation, has acquired DryPatrol LLC, a Dayton, Ohio-based commercial mitigation and reconstruction services provider. The acquisition expands First Onsite's footprint and capabilities in the Midwest, adding DryPatrol's water mitigation, mold, fire and environmental remediation services; financial terms were not disclosed.

Firstsource Solutions Acquires American Recovery Services, Inc.

December 30, 2021

Professional Services

Firstsource Solutions Limited has agreed to acquire American Recovery Services, Inc. (ARSI), a nationwide legal collections network headquartered in Southern California. The acquisition adds legal-stage collections capabilities to Firstsource’s U.S. receivables management offering, strengthening its end-to-end debt recovery services for banks, financial institutions and fintech clients.

FirstService Corporation Acquires Global Restoration Holdings

May 23, 2019

Construction

FirstService Corporation (TSX/NASDAQ: FSV) entered into a definitive agreement to acquire 95% of Global Restoration Holdings, LLC, the second-largest commercial and large-loss property restoration firm in North America. The deal expands FirstService’s scale and capabilities in mitigation, restoration and reconstruction services, and Global Restoration’s management will retain the remaining equity; the seller is Delos Capital.

GI Partners Acquires Majority Stake in American Residential Services; Charlesbank and Management Reinvest

September 15, 2020

HVAC & Mechanical

GI Partners is making a majority investment in American Residential Services (ARS), with existing investor Charlesbank Capital Partners and ARS management also making significant new investments. ARS, based in Memphis, Tennessee, operates more than 70 locally managed service centers across 23 states with approximately 6,500 employees and is the largest residential HVAC and plumbing services provider in the U.S. GI Partners said it will work with management and Charlesbank to accelerate growth and expand ARS’s national footprint both organically and via add-on acquisitions; the transaction is expected to close in Q4 2020.