Public Company Business Services

FirstService

Toronto, Ontario, Canada

North American provider of outsourced essential property services, serving residential communities and commercial customers through two industry platforms: FirstService Residential and FirstService Brands.

Focus Areas
Residential property management, Community association management, Community development district (CDD) management

Tracked deals

5

5 tracked deals across 2022-2026.

Recent pace

2

2 tracked deals announced in the last 12 months.

Deal mix

Buyout

3 buyout · 2 addon

FirstService Acquisition Volume by Year

Last 4 years

Acquisition volume by year Annual acquisition counts for the last 4 years for FirstService. 1 2022 1 2023 1 2024 ~3 est. 2 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Buyer
    FirstService Corporation, Roofing Corp of America (RCA)
    Target
    Schefers Roofing
    Type
    Addon

    FirstService Corporation announced that its subsidiary, Roofing Corp of America (RCA), acquired Schefers Roofing (Schefers). Schefers’ existing management retained a minority equity stake and will continue to oversee day-to-day operations. Financial terms were not disclosed.

  • Buyer
    FirstService Corporation
    Target
    Paul Davis Restoration franchised operation covering the Cleveland and Akron, Ohio markets, California Closets franchised territories encompassing the metropolitan areas of Indianapolis, Indiana; Louisville and Lexington, Kentucky; and Cincinnati, Ohio
    Location
    United States
    Type
    Addon

    FirstService Corporation completed two tuck-under acquisitions that expand its company-owned operations within the Paul Davis Restoration and California Closets business lines. The Paul Davis acquisition covers the Cleveland and Akron, Ohio markets, while California Closets acquired franchised territories covering Indianapolis, Indiana; Louisville and Lexington, Kentucky; and Cincinnati, Ohio.

  • Buyer
    FirstService Residential
    Target
    Rizzetta & Company
    Seller
    William "Bill" Rizzetta, Other existing shareholders
    Industry
    Real Estate
    Type
    Buyout

    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.

  • Buyer
    FirstService Corporation
    Target
    Roofing Corp of America
    Seller
    Soundcore Capital Partners
    Industry
    Construction
    Type
    Buyout

    FirstService Corporation has acquired a significant controlling interest in Roofing Corp of America from Soundcore Capital Partners; the transaction closed on December 15, 2023. The purchase price is US$413 million, funded with cash and borrowings, with Roofing Corp management (including CEO Randy Korach) retaining the balance of the equity and continuing to run the business. Headquartered in Atlanta, Roofing Corp operates 16 regional branches across 11 U.S. states, employs more than 900 people, and generates approximately US$400 million in annual revenue.

  • Buyer
    Century Fire Protection, FirstService Corporation
    Target
    Chesapeake Sprinkler Company, Inc.
    Type
    Buyout

    FirstService Corporation announced that its subsidiary, Century Fire Protection, acquired Chesapeake Sprinkler Company. The companies did not disclose deal terms. The acquisition is intended to expand Century’s geographic footprint in the Mid-Atlantic U.S., with Chesapeake’s capabilities and client relationships added to drive growth.

Related Acquisition Pages

Selling a company? Get in front of buyers like FirstService

Turn tracked acquisition activity into an outreach-ready buyer list.