About FirstService
FirstService is a company based in Toronto (Canada) founded in 1989.. FirstService has raised $1.8 million across 5 funding rounds from investors including HSBC, Canadian Imperial Bank of Commerce and Scotiabank. FirstService has completed 15 acquisitions, including California Closets, Century Fire Protection and Charles H. Greenthal Management. FirstService offers products and services including Property Management and Fire Protection.
- Headquarter Toronto, Canada
- Stage Public
-
Sectors
Real Estate & Construction
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Firstservice Corp
-
Annual Revenue
$4.97 B (USD)22.16as on Dec 31, 2024
-
Net Profit
$127.95 M (USD)35.86as on Dec 31, 2024
-
EBITDA
$465.01 M (USD)25.71as on Dec 31, 2024
-
Total Equity Funding
$1.8 M (USD)
in 5 rounds
-
Latest Funding Round
$150 M (USD), Post-IPO
May 22, 2020
-
Investors
HSBC
& 14 more
-
Employee Count
Employee Count
-
Investments & Acquisitions
California Closets
& 14 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of FirstService
FirstService is a publicly listed company on the TSX with ticker symbol FSV in Canada, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of FirstService
FirstService offers a comprehensive portfolio of products and services, including Property Management and Fire Protection. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Management of residential communities and properties is handled across North America.
Fire protection and life safety services are provided for various properties in the Southeast United States.
Unlock access to complete
Unlock access to complete
Funding Insights of FirstService
FirstService has successfully raised a total of $1.8M across 5 strategic funding rounds. The most recent funding activity was a Post-IPO round of $150 million completed in May 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Post-IPO — $150.0M
-
First Round
First Round
(26 Jan 2010)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2020 | Amount | Post-IPO - FirstService | Valuation |
investors |
|
| Dec, 2019 | Amount | Post-IPO - FirstService | Valuation |
investors |
|
| Jun, 2019 | Amount | Debt – Conventional - FirstService | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in FirstService
FirstService has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include HSBC, Canadian Imperial Bank of Commerce and Scotiabank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investment management services are offered by Durable Capital Partners.
|
Founded Year | Domain | Location | |
|
Financial services in capital markets are provided by BMO.
|
Founded Year | Domain | Location | |
|
M&A and corporate advisory services are provided across multiple sectors.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by FirstService
FirstService has strategically engaged in corporate development activities, having acquired 15 companies. Notable acquisitions include California Closets, Century Fire Protection and Charles H. Greenthal Management. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Provider of roof repair & maintenance and building restoration services
|
2021 | ||||
|
Provider of property restoration services
|
2008 | ||||
|
Provider of damage restoration services
|
2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - FirstService
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Firstservice Comparisons
Competitors of FirstService
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Firstservice
Frequently Asked Questions about FirstService
When was FirstService founded?
FirstService was founded in 1989 and raised its 1st funding round 21 years after it was founded.
Where is FirstService located?
FirstService is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of FirstService?
Scott Patterson is the current CEO of FirstService.
Is FirstService a funded company?
FirstService is a funded company, having raised a total of $1.8M across 5 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $890M, raised on Jan 26, 2010.
What is the annual revenue of FirstService?
Annual revenue of FirstService is $4.97B as on Dec 31, 2024.
What does FirstService do?
FirstService was founded in 1989 in Toronto, Canada, within the property services sector. A range of outsourced services is offered, such as residential property management, fire protection, home inspection, roofing, restoration, painting, commercial property restoration, floor covering installation, and custom storage solutions. Amenity spaces across various properties are managed, with operations centered on growing specialized property service businesses.
What products or services does FirstService offer?
FirstService offers Property Management and Fire Protection.
Is FirstService publicly traded?
Yes, FirstService is publicly traded on TSX under the ticker symbol FSV.
How many acquisitions has FirstService made?
FirstService has made 15 acquisitions, including California Closets, Century Fire Protection, and Charles H. Greenthal Management.
Who are FirstService's investors?
FirstService has 15 investors. Key investors include HSBC, Canadian Imperial Bank of Commerce, Scotiabank, Bank of America, and National Bank of Canada.
What is FirstService's ticker symbol?
The ticker symbol of FirstService is FSV on TSX.