FirstService Expands Commercial Roofing Platform

Core Points - FirstService Corporation's subsidiary, Roofing Corp of America, has acquired Crowther Roofing and Cooling and Hamilton Roofing, enhancing its presence in the Florida market and adding over $150 million in annual revenues [1][4]. Group 1: Company Overview - FirstService Corporation is a North American leader in essential outsourced property services, operating through two main platforms: FirstService Residential and FirstService Brands [4]. - The company generates more than US$4.4 billion in annual revenues and employs approximately 30,000 people across North America [5]. Group 2: Acquisition Details - Crowther, founded in 1974, is a leading roofing services provider in Southwest Florida, focusing on the commercial market and offering HVAC maintenance services [2]. - Hamilton, established in 1983, is a prominent provider of commercial roofing services in Eastern Florida, with strong relationships in government, aerospace, and education sectors [3]. - The management teams of Crowther and Hamilton will retain minority equity interests and continue overseeing daily operations post-acquisition [1]. Group 3: Strategic Importance - Florida is identified as one of the largest roofing markets in North America, making it a strategic growth priority for Roofing Corp of America [4].