FirstService

Toronto, Canada Founded: 1989 • Age: 37 yrs
Outsourced property services including management and restoration are provided.
Annual revenue $5.0B Latest available
Total funding $1.8M 5 rounds
Employees - Tracked headcount
Investors 15 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

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
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Firstservice Corp
Operational Areas
Real Estate & Construction → Real Estate Services & Management Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $4.97 B (USD)
    22.16
    as on Dec 31, 2024
  • Net Profit
    $127.95 M (USD)
    35.86
    as on Dec 31, 2024
  • EBITDA
    $465.01 M (USD)
    25.71
    as 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
    Not available
  • Investments & Acquisitions
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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.

Exchange: TSX · Ticker: FSV · Sector: Finance · Canada

Products & Services of FirstService

FirstService offers a comprehensive portfolio of products and services, including Property Management and Fire Protection.

Product name locked
Category locked
Primary

Management of residential communities and properties is handled across North America.

Product name locked
Category locked
Locked

Fire protection and life safety services are provided for various properties in the Southeast United States.

People of FirstService

Headcount 10000+
Employee Profiles 45
Board Members and Advisors 1
Employee Profiles
People
Steve Carpenter
Svp, Technology And Information Services
People
Mitra Daneshvar Alavi
Strata Property Accountant
People
Ken Tomek
Vice President of Finance
People
Latoyia Watkins Pierce
VP, Legal Affairs & General Counsel

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Board Members and Advisors
people
Gene Gomberg
Chairman

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment management services are offered by Durable Capital Partners.
Locked Locked Locked
Financial services in capital markets are provided by BMO.
Locked Locked Locked
M&A and corporate advisory services are provided across multiple sectors.
Locked Locked Locked
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Investor details for FirstService

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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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.

Investments
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Investment portfolio details for FirstService

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of roof repair & maintenance and building restoration services
Locked Locked 2021 Locked
Provider of property restoration services
Locked Locked 2008 Locked
Provider of damage restoration services
Locked Locked 2007 Locked
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Complete acquisition details for FirstService

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

Verified entity values are shown only after access is granted.

Financial Statements - FirstService

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Detailed financials for FirstService

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Firstservice Comparisons

FirstService Primary company
Description
Outsourced property services including management and restor...
Location
Toronto, Canada
Founded Year
1989
Annual Revenue
$4.97 B (USD)
Net Profit
$127.95 M (USD)
EBITDA
$465.01 M (USD)
Employees
Not available
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Peer comparison for FirstService

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  • Headcount comparison
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Competitors of FirstService

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Detailed competitors of FirstService

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  • Domains and locations
  • Full company profiles
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Latest news on Firstservice

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Complete news archive for FirstService

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about FirstService

FirstService was founded in 1989 and raised its 1st funding round 21 years after it was founded.

FirstService is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Scott Patterson is the current CEO of FirstService.

FirstService is a funded company, having raised a total of $1.8M across 5 funding rounds to date.

Annual revenue of FirstService is $4.97B as on Dec 31, 2024.

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.

FirstService offers Property Management and Fire Protection.

Yes, FirstService is publicly traded on TSX under the ticker symbol FSV.

FirstService has made 15 acquisitions, including California Closets, Century Fire Protection, and Charles H. Greenthal Management.

FirstService has 15 investors. Key investors include HSBC, Canadian Imperial Bank of Commerce, Scotiabank, Bank of America, and National Bank of Canada.

The ticker symbol of FirstService is FSV on TSX.

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