AcquisitionsApr 14, 2026, 07:32 AM
FirstService Expands Paul Davis & California Closets with Acquisitions
AI Summary
FirstService Corporation announced the completion of two acquisitions, expanding its company-owned operations within Paul Davis Restoration and California Closets. Paul Davis Restoration acquired its franchised operations in the Cleveland and Akron, Ohio markets, with the existing leadership team retaining an ownership interest. California Closets acquired franchised territories covering Indianapolis, Louisville, Lexington, and Cincinnati, aiming to bolster its presence and capitalize on growth opportunities in key Midwest U.S. markets.
Key Highlights
- FirstService acquired Paul Davis Restoration's franchised operations in Cleveland and Akron, Ohio.
- California Closets acquired franchised territories in Indianapolis, Louisville, Lexington, and Cincinnati.
- Acquisitions expand company-owned platforms for both Paul Davis Restoration and California Closets.
- Existing leadership will retain ownership and manage Paul Davis Restoration's Ohio operations.