Century Fire Protection Expands Service Capabilities
June 20 2018 - 7:30AM
FirstService Corporation (TSX:FSV) and (NASDAQ:FSV)
(“FirstService”) announced today that its subsidiary, Century Fire
Protection (“Century”), has recently acquired two Georgia-based
fire protection service companies, ASA Fire Protection (“ASA”) and
Swift Fire Protection (“Swift”). The leaders of both businesses
will continue to run day-to-day operations. Terms of the
transactions were not disclosed.
Founded in 2009, ASA is a leading provider of
inspection, testing and maintenance services for fire protection
systems and extinguishers to industrial and manufacturing clients
within the Georgia market. Swift Fire Protection, established in
1969, specializes in fire extinguisher sales and services across
Georgia.
“The addition of ASA and Swift further expands
our service capabilities, diversifies our customer base and
solidifies our market-leading position in Georgia. We are excited
to be partnering with the leaders of both ASA and Swift to further
accelerate our growth,” said Scott Tutterow, CEO of Century. “These
transactions are consistent with our strategy to increase the
service offering to our clients across Century’s operations,” he
concluded.
ABOUT FIRSTSERVICE
CORPORATION
FirstService Corporation is a North
American leader in the property services sector, serving its
customers through two industry-leading service
platforms: FirstService Residential – North
America's largest manager of residential communities;
and FirstService Brands – one of North
America's largest providers of essential property services
delivered through individually branded franchise systems and
company-owned operations.
FirstService generates more than US$1.7 billion
in annual revenues and has more than 19,000 employees across North
America. With significant insider ownership and an experienced
management team, FirstService has a long-term track record of
creating value and superior returns for shareholders. The
Subordinate Voting Shares of FirstService trade on the NASDAQ and
the Toronto Stock Exchange under the symbol "FSV". More
information is available at www.firstservice.com.
COMPANY CONTACT:
Jeremy
RakusinCFOFirstService
Corporation(416) 960-9500
FirstService (NASDAQ:FSV)
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