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Creating value one step at a time since 1989

We are a company with a rich entrepreneurial history. Our story began when our Founder and Chairman, Jay Hennick, launched a commercial swimming pool and recreational facility management business as a teenager in 1972. His early success led him to acquire other property services companies, which formed the basis for FirstService Corporation.

Company History

FirstService became a publicly traded company in 1993 via an initial public offering on The Toronto Stock Exchange and subsequently listed on the NASDAQ Exchange in 1995. On June 1, 2015, the businesses currently owned by FirstService today were separated from Colliers International via a spin-off transaction. FirstService became a new, independent company publicly traded on the TSX and NASDAQ.

Over the past 35 years, we have developed and refined our unique approach to grow our operations through both internal growth and acquisitions.

Key milestones in the development and growth of FirstService include:
1989

Jay Hennick established FirstService with a Toronto-based swimming pool management company.

FirstService acquired College Pro Painters franchise system and established FirstService Brands.

FirstService completes initial public offering on The Toronto Stock Exchange and is listed under the FSV ticker.

Scott Patterson joined FirstService as Vice President, Corporate Development and soon thereafter became Chief Financial Officer.

FirstService is listed on the NASDAQ Exchange under the FSV ticker.

 

FirstService established the FirstService Residential platform by acquiring two Florida-based property management firms, with follow-on acquisitions in the New York City and Northeast U.S. regions shortly thereafter.

FirstService Brands acquired Paul Davis Restoration franchise system.

FirstService Financial was established as part of the FirstService Residential platform.

FirstService Brands acquired California Closets franchise system.

FirstService Brands exceeded 1,000 franchises.

FirstService Brands exceeded $1 billion in system-wide sales.

FirstService adopted Net Promoter System (NPS) across all of its businesses.

FirstService Energy was launched to add to FirstService Residential’s comprehensive services.

FirstService Residential expanded into Canada.

Charles E. Chase was promoted to President and Chief Executive Officer of FirstService Brands.

FirstService Residential rebrands 18 property management companies under the FirstService Residential name.

California Closets formalized its strategy to establish a platform of company-owned operations.

California Closets opened its Western Manufacturing Center in Phoenix, Arizona.

Paul Davis Restoration launched its company-owned strategy..

FirstService acquired Century Fire Protection.

California Closets opened its Eastern Manufacturing Center in Grand Rapids, Michigan.

FirstService Brands exceeded $2 billion in system-wide sales.

FirstService acquired Global Restoration Holdings.

FirstService eliminated the dual-class voting structure as part of the settlement of a long-term incentive arrangement with its Founder and Chairman.

Global Restoration re-branded to FIRST ONSITE.

FirstService acquired Roofing Corp of America.