FirstService (NASDAQ:FSV) (NASDAQ:FSV) is a leading North American provider of property services, operating through two primary divisions: FirstService Residential and FirstService Brands. Headquartered in Toronto, Canada, the company delivers a comprehensive portfolio of solutions to residential condominium and homeowners’ associations across the United States and Canada. With an emphasis on professional management, maintenance oversight and financial reporting, FirstService Residential supports communities ranging from high‐rise urban developments to suburban planned neighborhoods.
The FirstService Residential division offers property management and advisory services tailored to the unique needs of condominiums, co‐operative buildings and rental communities. Its service offerings include life-cycle maintenance planning, vendor procurement and management, on-site staffing, insurance administration, accounting and budget development. Through a network of local offices and dedicated management teams, the division focuses on enhancing property values, mitigating risk and fostering positive community engagement.
FirstService Brands comprises a collection of franchised businesses that provide specialty trade services across North America. Key brands include CertaPro Painters (painting and drywall), Paul Davis Restoration (disaster recovery and repairs), Floor Coverings International (residential flooring solutions) and Appliance Repair Specialists. These franchise partners benefit from FirstService’s operational infrastructure, marketing support and best-practice protocols, enabling consistent service delivery and accelerated local market growth.
Founded in 1989, FirstService has expanded through targeted acquisitions and organic growth, establishing a footprint in more than 500 markets. Under the leadership of CEO Robert M. Degraaf and a senior management team with deep industry expertise, the company has built a scalable platform focused on recurring revenue streams, disciplined capital allocation and customer-centric innovation. FirstService continues to pursue strategic opportunities that reinforce its position as a trusted provider of property and specialty trade services.
