Company

FirstService Corporation

Headquarters: Toronto, ON, Canada

Founded: 1989

Employees: 25,000

CEO: Mr. D. Scott Patterson

TSX: FSV -0.09%

Market Cap

C$9.47 Billion

CAD as of Jan. 1, 2024

US$7.15 Billion

Market Cap History

Company Description

FirstService Corporation is a real estate services company, specializing in residential property services. Through its FirstService Residential branch, it provides property management services to about 8,000 condominium communities and homeowners associations in the United States and Canada. Its other branch, FirstService Brands is operating franchising networks of residential restoration, repair, painting, and refurbishment services.

FirstService Corporation market capitalization over time

Evolution of FirstService Corporation market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of FirstService Corporation

Detailed Description

FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. The company operates in two segments, FirstService Residential and FirstService Brands. The FirstService Residential segment offers property management services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments. This segment also provides a range of ancillary services, including on-site staffing for building engineering and maintenance, full-service swimming pool and amenity management, and security and concierge/front desk; and financial services comprising cash management, other banking transaction-related, and specialized property insurance brokerage. In addition, this segment offers energy management solutions and advisory services, and resale processing services. The FirstService Brands segment operates and provides essential property services to residential and commercial customers, through five franchise networks; and company-owned locations, including 20 California Closets, 12 Paul Davis Restoration, and 1 CertaPro Painters locations. It provides residential and commercial restoration, painting, and floor coverings design and installation services; custom-designed and installed closet, and home storage solutions; home inspection services; and fire protection and related services. This segment offers its services primarily under the Paul Davis Restoration, First Onsite Restoration, Century Fire Protection, CertaPro Painters, California Closets, Pillar to Post Home Inspectors, and Floor Coverings International brand names. FirstService Corporation was founded in 1989 and is headquartered in Toronto, Canada.

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Key People

Founder(s): Jay S. Hennick

D. Scott Patterson (President and Chief executive officer), Jay S. Hennick (Chairman)

Details

Headquarters:

1255 Bay Street

Suite 600

Toronto, ON M5R 2A9

Canada

Phone: 416-960-9566

Fax: 647-258-0008