First Onsite Restoration Enhances Geographic Footprint in Growing Southeast U.S. Region
TORONTO, April 10, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that its subsidiary, First Onsite Property Restoration (“First Onsite”), has recently acquired All Restoration Solutions, LLC (“ARS” or the “Company”).
- TORONTO, April 10, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that its subsidiary, First Onsite Property Restoration (“First Onsite”), has recently acquired All Restoration Solutions, LLC (“ARS” or the “Company”).
- The executive leaders of ARS will continue to hold a minority equity stake and oversee day-to-day operations.
- With the addition of ARS, First Onsite has established a strong market leadership position in the large and growing Atlanta metropolitan area.
- “This acquisition is highly complementary to our existing presence in the Southeast U.S.,” said Jeff Johnson, Chief Executive Officer of First Onsite.