Announcing Agreement to be Acquired by FirstService
We have exciting news to share today. FirstOnSite and Interstate Restoration have agreed to be acquired by FirstService Corporation (TSX:FSV) (NASDAQ:FSV).
FirstService is a Canadian-founded, North American leader in the property services sector, and are North America’s largest manager of residential communities.
This new partnership further strengthens our position as a North American leader in disaster restoration and is the next step toward our vision of leadership on a global level.
Our vision since FirstOnSite/Interstate joined forces in 2016 is to be a global leader. With our significant growth over that time, we have been looking for a new financial partner to help accelerate our goal, and carefully selected FirstService as the best partner for this next chapter. They have been looking to expand in the disaster recovery sector, and importantly, admire our talent, strong client base, and want to help us achieve our vision.