Century Fire Protection Acquires A&A Fire Protection
A&A's president will retain a minority equity interest and continue leading day-to-day operations.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
FirstService (FSV) announced that its subsidiary, Century Fire Protection, has acquired A&A Fire Protection, expanding its presence in existing Carolina markets.
Based in Greenville, South Carolina, A&A provides fire sprinkler design, installation, inspection and repair services to commercial customers across South Carolina, western North Carolina and north Georgia. A&A President Jake Gilstrap will continue leading day-to-day operations and retain a minority equity interest. Transaction terms were not disclosed.
Century said the acquisition advances its strategy of increasing scale and broadening its client base in existing markets, with plans to deepen fire sprinkler and alarm capabilities in the Carolinas.
Positive
- Minor pointA&A acquisition completed, expanding Century’s presence in existing Carolina markets.
- Minor point. Forward-looking: it has not happened yet and may not happen.Century’s stated strategy is to increase scale, broaden its client base and deepen Carolina service capabilities.
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Broadens Our Existing Footprint in Carolina Markets
TORONTO, Oct. 19, 2026 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that its subsidiary, Century Fire Protection (“Century”), has recently acquired A&A Fire Protection, LLC (“A&A”). Jake Gilstrap, President of A&A, will continue to lead day-to-day operations and retain a minority equity interest. Terms of the transaction were not disclosed.
Headquartered in Greenville, South Carolina and founded in 1977, A&A is a leading provider of fire sprinkler design, installation, inspection and repair services to a broad range of commercial end-markets across South Carolina as well as regions spanning western North Carolina and north Georgia.
“This acquisition furthers Century’s strategy of enhancing its scale and broadening its client base in existing markets,” said Richard Deeb, CEO of Century. “We are excited to be partnering with the A&A team and look forward to collectively deepening our fire sprinkler and alarm capabilities in the growing Carolina markets.”
ABOUT FIRSTSERVICE CORPORATION
FirstService Corporation is a North American leader in the property services sector, serving its customers through two industry-leading service platforms: FirstService Residential, North America's largest manager of residential communities; and FirstService Brands, one of North America's largest providers of essential property services delivered through individually branded company-owned operations and franchise systems.
FirstService generates more than
FORWARD-LOOKING STATEMENTS
This press release includes or may include forward-looking statements. Much of this information can be identified by words such as “expect to,” “expected,” “will,” “estimated” or similar expressions suggesting future outcomes or events. FirstService believes the expectations reflected in such forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results, performance or achievements contemplated in the forward-looking statements. Such factors include: (i) general economic and business conditions, which will, among other things, impact demand for FirstService’s services and the cost of providing services; (ii) the ability of FirstService to implement its business strategy, including FirstService’s ability to acquire suitable acquisition candidates on acceptable terms and successfully integrate newly acquired businesses with its existing businesses; (iii) changes in or the failure to comply with government regulations; and (iv) other factors which are described in FirstService’s annual information form for the year ended December 31, 2025 under the heading “Risk factors” (a copy of which may be obtained at www.sedarplus.ca) and Annual Report on Form 40-F filed with the United States Securities and Exchange Commission (a copy of which may be obtained at www.sec.gov), and subsequent filings (which factors are adopted herein). Forward-looking statements contained in this press release are made as of the date hereof and are subject to change. All forward-looking statements in this press release are qualified by these cautionary statements. Unless otherwise required by applicable securities laws, we do not intend, nor do we undertake any obligation, to update or revise any forward-looking statements contained in this press release to reflect subsequent information, events, results or circumstances or otherwise.
COMPANY CONTACT:
Jeremy Rakusin
CFO
FirstService Corporation
(416) 960-9566
FAQ
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