FirstService Expands Commercial Roofing Platform

TORONTO, June 06, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that its subsidiary, Roofing Corp of America (“RCA”), has acquired Crowther Roofing and Cooling (“Crowther”) and Hamilton Roofing (“Hamilton”). The additions of Crowther and Hamilton provide RCA with a strong new presence in the important Florida market and will collectively add more than $150 million in annual revenues. The existing management teams of both businesses have retained minority equity interests and will continue to oversee their respective day-to-day operations. Terms of the two transactions were not disclosed.

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