M&A Deal Summary

Firstservice Residential Management Acquires Paradise & Associates

On July 27, 2017, Firstservice Residential Management acquired real estate company Paradise & Associates

Acquisition Highlights
  • This is Firstservice Residential Management’s 3rd transaction in the Real Estate sector.
  • This is Firstservice Residential Management’s 3rd transaction in the United States.
  • This is Firstservice Residential Management’s 1st transaction in Minnesota.

M&A Deal Summary

Date 2017-07-27
Target Paradise & Associates
Sector Real Estate
Buyer(s) Firstservice Residential Management
Deal Type Add-on Acquisition

Target

Paradise & Associates

Saint Paul, Minnesota, United States
Paradise & Associates LLC is a provider in the development and management of residential properties. Paradise a portfolio of 100 homeowners’ associations with about 7,000 urban and suburban units. Paradise & Associates LLC was founded in 1999 and is based in Saint Paul, Minnesota.

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Buyer(S) 1

Buyer

Firstservice Residential Management

Dania Beach, Florida, United States

Category Company
Founded 2007
Sector Real Estate
DESCRIPTION

Firstservice Residential Management, Inc. is a residential property management company. Firstservice Residential Management, Inc. was founded in 2007 and is based in Dania Beach, Florida.


DEAL STATS #
Overall 3 of 6
Sector: Real Estate M&A 3 of 5
Type: Add-on Acquisition M&A Deals 3 of 6
State: Minnesota M&A 1 of 1
Country: United States M&A 3 of 5
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-22 Southwest Management Services

Austin, Texas, United States

Southwest Management Services LLC is a provider of community association management services. Southwest Management Services LLC was founded in 2004 and is based in Austin, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-12 Rizzetta

Tampa, Florida, United States

Rizzetta is a provider of consulting and management services to community development districts (CDDs) and homeowners associations ("HOAs"). Rizzetta was founded in 1986 and is based in Tampa, Florida.

Buy -