We continue to strengthen our position as the industry leader by partnering with the premier property management companies in North America. We strongly believe in our business model – with each operating leader retaining a long-term equity stake in their market – and the ability to share resources, expertise and best practices across the organization, set us apart and help us attract the top firms in the U.S. and Canada. Each company that we invite to join our team shares our deep commitment to delivering the highest levels of service excellence. Like us, they conduct business with honesty and integrity, with a dedication to building relationships and continually seeking new and better ways to bring value to their communities and residents. To be considered as a FirstService Residential partner, your company must meet several key criteria:
We focus on four important attributes of partnership that have been at the core of the successful value creation for our teams, clients, residents and the company.
Each of our major business leaders shares in the success of the business they manage on a day-to-day basis. Our partners participate financially in the long-term growth of the operation and remain responsible for frontline decision-making. While we value management continuity as a primary factor in our success, we remain flexible to the needs of operator/owners and their personal exit intentions.
We operate in a decentralized manner, trusting day-to-day decisions to the people on the front line. We do this with confidence because each of our markets is operated by a proven management team.
We create value for our shareholders and partners by providing:
Unlike typical financial investors and private equity firms, FirstService does not have a fixed time investment horizon. We are a builder of businesses and are looking to buy and create value in our businesses over the long term. We continually invest in our businesses by providing growth or acquisition capital.
Our ideal partner is typically a successful privately-held company seeking one or more of the following:
We acquire equity interests ranging from 60% to 100% in business of the following types:
PROPERTY MANAGEMENT
If your property management company meets all the above criteria, we’d be interested in discussing the possibilities of your joining our industry-leading team. Please contact us today. Contact: Alex Nguyen Vice President Strategy & Corporate Development acquisitions@firstservice.com
FirstService Corporation 1140 Bay Street Suite 4000 Toronto, Ontario M5S 2B4 Phone: 416.960.9500 Fax: 647.258.0008 Fax: 416.960.5333
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