Add-on Acquisition • Real Estate

FirstService Acquires K.A. Diehl

On February 3, 2016, FirstService acquired real estate company K.A. Diehl

Acquisition Context
  • This is FirstService’s 4th transaction in the Real Estate sector.
  • This is FirstService’s 6th transaction in the United States.
  • This is FirstService’s 1st transaction in South Carolina.

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M&A Deal Summary

Date February 3, 2016
Target K.A. Diehl
Sector Real Estate
Buyer(s) FirstService
Deal Type Add-on Acquisition

Target Company

K.A. Diehl

Murrells Inlet, South Carolina, United States
K.A. Diehl, Inc. is a residential property management firm.
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Buyer Overview 1

Buyer

FirstService

Toronto, Ontario, Canada

Category Company
Founded 1988
Sector Real Estate
Employees30,000
Revenue 5.2B USD (2024)
DESCRIPTION

FirstService is a 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 Context for Buyer #
Overall 6 of 13
Sector: Real Estate 4 of 4
Type: Add-on Acquisition 5 of 12
State: South Carolina 1 of 1
Country: United States 6 of 12
Year: 2016 4 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-03 Bruner & Rosi Management

Carlsbad, California, United States

Bruner & Rosi Management, Inc. is a property management company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-06 Century Fire Protection

Duluth, Georgia, United States

Century Fire Protection LLC designs, fabricates and installs automatic fire protection systems throughout the Southeast. Century provides a full array of new construction, retrofit, and inspection services for commercial, industrial and multi-family residential buildings.

Buy -