FirstService Corporation reports news about a North American property services business built around two service platforms: FirstService Residential and FirstService Brands. FirstService Residential announcements commonly cover new residential community management assignments, high-rise and homeowners association portfolios, developer and builder services, customer-care programs, and regional leadership updates.
FirstService news also includes quarterly operating results, cash dividend declarations on its common shares, and corporate updates tied to its property services model. FirstService Brands provides essential property services to residential and commercial customers through company-owned operations and franchise systems, including brands such as California Closets, Paul Davis Restoration, CertaPro Painters, Floor Coverings International, and Pillar to Post Home Inspectors.
FirstService has announced the acquisition of Crowther Roofing and Hamilton Roofing through its subsidiary Roofing Corp of America (RCA). These acquisitions provide RCA with a strong foothold in Florida, contributing over $150 million in annual revenues. Crowther Roofing, based in Fort Myers, Florida, focuses on commercial roofing and employs 750 technicians. Hamilton Roofing, situated in Malabar, Florida, serves the commercial sector and has strong ties with blue-chip clients in government, aerospace, and education. Both companies' management teams will retain minority equity and continue daily operations.
FirstService announced a quarterly cash dividend of US$0.25 per Common Share, payable on July 5, 2024. The dividend is classified as an eligible dividend for Canadian income tax purposes. FirstService operates through two industry-leading service platforms, generating over $4.4 billion in annual revenues with approximately 29,000 employees across North America.
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