Add-on Acquisition • Business Services

Firstservice Residential Management Acquires Rizzetta

On February 12, 2024, Firstservice Residential Management acquired business services company Rizzetta

Acquisition Context
  • This is Firstservice Residential Management’s 1st transaction in the Business Services sector.
  • This is Firstservice Residential Management’s 4th transaction in the United States.
  • This is Firstservice Residential Management’s 1st transaction in Florida.

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M&A Deal Summary

Date February 12, 2024
Target Rizzetta
Sector Business Services
Buyer(s) Firstservice Residential Management
Deal Type Add-on Acquisition

Target Company

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.
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Buyer Overview 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 Context for Buyer #
Overall 4 of 6
Sector: Business Services 1 of 1
Type: Add-on Acquisition 4 of 6
State: Florida 1 of 1
Country: United States 4 of 5
Year: 2024 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-27 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-11 CitiScape

San Francisco, California, United States

CitiScape is a provider of residential and commercial association management service. CitiScape was formed in 1999 and is headquartered in San Francisco, California.

Buy -