FirstService Expands Property Restoration Platform, Adds Five Acquisitions to Drive Growth
FirstService Corporation has recently completed five acquisitions within its property restoration operations, including four regional commercial restoration firms within its operating subsidiary, First Onsite Restoration, and an additional residential restoration services provider under its Paul Davis Restoration service line. These transactions further expand the North American geographic footprint and property restoration service capabilities. The leaders of each of these businesses will continue to run their respective day-to-day operations, FirstService said. Terms of the transactions were not disclosed.
A-1 Flood Tech, founded in 1969 and headquartered in Manasas, Virginia under the leadership of President Greg Orndorff, Jr., provides commercial water mitigation and mold remediation services within Washington D.C., Maryland and Virginia. The addition of A-1 solidifies First Onsite’s Mid-Atlantic coverage and deepens its presence within the Washington D.C. market, the sixth largest metropolitan area in the U.S.