FirstService acquires restoration firm Paul Davis Systems Canada

Property services firm FirstService Brands, a subsidiary of FirstService Corporation (NASDAQ: FSRV; TSX: FSV), has acquired restoration firm Paul Davis Systems Canada for an undisclosed amount.

The acquisition adds 63 franchises to Paul Davis Restoration’s North American business services platform, bringing the total number of franchises to 370.

Paul Davis provides mitigation, restoration, reconstruction and emergency services across Canada. Ken and Steve Robinson will continue to lead the day-today operations of the Canadian business as chief executive officer and chief operating officer, respectively.

“Our family has been involved with Paul Davis Restoration as its master franchise in Canada for two generations and we are absolutely thrilled to unite both organizations under one leadership team,” Ken Robinson commented in the announcement Monday.

“This is great news for our clients and franchisees,” added Steve Robinson. “They’ll receive the market’s broadest range of value-added programs, with enhanced service and support. Our customers—from the homeowner to the commercial property manager dealing with a large loss—will receive from our united company the care and exceptional customer experience Paul Davis is known for.”