FirstService Residential Acquires Majority Stake in Rizzetta & Company
February 12, 2024
FirstService Residential has acquired a majority stake in Tampa-based Rizzetta & Company, a provider of consulting and management services to community development districts (CDDs) and homeowners associations across Florida. Founder William "Bill" Rizzetta retains a significant equity stake and will continue to lead the company as FirstService Residential expands its service capabilities into special district management.
- Buyers
- FirstService Residential
- Targets
- Rizzetta & Company
- Sellers
- William "Bill" Rizzetta, Other existing shareholders
- Industry
- Real Estate
- Location
- Florida, United States
- Transaction Type
- Buyout
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