FirstService Corporation Acquires Global Restoration Holdings
May 23, 2019
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.
- Buyers
- FirstService Corporation
- Targets
- Global Restoration Holdings, LLC
- Sellers
- Delos Capital
- Industry
- Construction
- Location
- Colorado, United States
- Transaction Type
- Buyout
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