M&A Deal Summary

FirstService Acquires Advanced Fire & Security

On November 10, 2016, FirstService acquired safety/security company Advanced Fire & Security

Acquisition Highlights
  • This is FirstService’s 2nd transaction in the Safety/Security sector.
  • This is FirstService’s 9th transaction in the United States.
  • This is FirstService’s 2nd transaction in Florida.

M&A Deal Summary
Date 2016-11-10
Target Advanced Fire & Security
Sector Safety/Security
Buyer(s) FirstService
Deal Type Add-on Acquisition

Target

Advanced Fire & Security

Pompano Beach, Florida, United States
Advanced Fire & Security is a provider of an end-to-end fire protection solutions including design, installation, maintenance, repair and inspection services for commercial, residential, industrial and institutional clients throughout the South Florida region.

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Buyer(S) 1

Buyer

FirstService

Toronto, Ontario, Canada
Category Company
Founded 1988
Sector Real Estate
Employees29,000
Revenue 4.3B USD (2023)
DESCRIPTION

FirstService is real estate services company. FirstService manages residential and commercial properties through three service platforms: Colliers International, one of the largest global players in commercial real estate services; 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 was founded in 1988 and is based in Toronto, Ontario.

DEAL STATS #
Overall 9 of 13
Sector (Safety/Security) 2 of 3
Type (Add-on Acquisition) 8 of 12
State (Florida) 2 of 2
Country (United States) 9 of 12
Year (2016) 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-15 Paul Davis Restoration

Jacksonville, Florida, United States

Paul Davis Restoration, Inc. is a provider of professional residential and commercial emergency restoration services for disasters of all sizes.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-04 Spectrum Restoration Services

Edmonton, Alberta, Canada

Spectrum Restoration Services Ltd. is a full-service emergency response and restoration firm servicing industrial, healthcare and hospitality clients across central Alberta, Saskatchewan and the surrounding areas. Spectrum Restoration Services was founded in 2006 and is based in Edmonton, Alberta.

Buy -
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