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FirstService

#2059

Rank

$9B

Marketcap

CA Canada

Country

FirstService
Leadership team

Mr. Jay Stewart Hennick CM (Founder & Chairman)

Mr. D. Scott Patterson (Pres, CEO & Non-Independent Director)

Mr. Jeremy Alan Rakusin (Chief Financial Officer)

Products/ Services
Real Estate Management & Development
Number of Employees
20,000 - 50,000
Headquarters
Toronto, Ontario, Canada
Established
1990
Company Registration
SEC CIK number: 0001637810
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
FSV
Social Media
URL
https://www.firstservice.com
Overview
Location

Summary
History
Mission
Vision
Key Team
Recognition and Award
References
Summary
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.
History

FirstService was founded in 1989 by Jay S. Hennick. Its initial assets were a swimming pool management company formerly owned by Hennick, and the College Pro Franchise system acquired by Hennick in 1989. It held an IPO on the Toronto Stock Exchange in 1993. In the 1990s, it expanded into various other residential service franchises, in part through its subsidiary The Franchise Company .In 1996, it expanded into the residential property management business with the acquisition of two Florida property-management firms. Further acquisitions in the residential property management business followed, including the acquisition of the Merit Companies in 2007, and Planned Communities in 2008. In 2003, Hennick's father left the board of directors, as part of a general corporate governance shake-up.In 2004, FirstService acquired CMN international, the largest member of Colliers International, an international real estate services group. The cost of the acquisition was $88 million. In 2010, FirstService merged the entire Colliers International platform into itself, creating the third largest real estate services firm in the world.In 2015, FirstService spun off its Colliers International subsidiary as a commercial property as a new public company, called Colliers International. The remaining company was focused on residential property services, and was led by D. Scott Patterson instead of Hennick.

Mission
FirstService is committed to providing exceptional customer service, the highest quality results with safety, and creating value for our clients.
Vision
FirstService aims to be the leader in the property services industry, providing innovative solutions and excellent value.
Key Team

Mr. Alex Nguyen (Sr. VP of Strategy & Corp. Devel.)

Mr. Charlie E. Chase (CEO & Pres of FirstService Brands)

Mr. Roger M. Thompson (VP of Strategy & Sustainability)

Mr. Douglas G. Cooke (Sr. VP, Corp. Controller & Corp. Sec.)

Mr. David Diestel (Chief Exec. Officer of FirstService Residential)

Mr. Mark D. Hopkins (Pres of FirstService Residential Ontario)

Ms. Sarah Alberts (Director of Marketing & Communications of FirstService Residential Ontario)

Recognition and Awards
FirstService has been recognized numerous times for its outstanding performance, including awards for being one of the most trusted service providers and best customer satisfaction. The company has also been awarded for its environmental stewardship initiatives.
References

https://en.wikipedia.org/wiki/FirstService

https://in.investing.com/equities/new-firstservice-corp

https://finance.yahoo.com/quote/FSV/profile?p=FSV

https://www.crunchbase.com/organization/firstservice

https://companiesmarketcap.com/

https://www.firstservice.com

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FirstService
Leadership team

Mr. Jay Stewart Hennick CM (Founder & Chairman)

Mr. D. Scott Patterson (Pres, CEO & Non-Independent Director)

Mr. Jeremy Alan Rakusin (Chief Financial Officer)

Products/ Services
Real Estate Management & Development
Number of Employees
20,000 - 50,000
Headquarters
Toronto, Ontario, Canada
Established
1990
Company Registration
SEC CIK number: 0001637810
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
FSV
Social Media
URL
https://www.firstservice.com