Firstservice Corporation Completes Acquisition of Paul Davis Restoration and California Closets Company-Owned Operations

Published: 2026-04-14 14:38:32 ET FSV.TO

Published on 04/14/2026 at 02:38 pm EDT

FirstService Corporation has completed two acquisitions which further add to the company-owned operations within its Paul Davis Restoration and California Closets business lines. Paul Davis Restoration recently expanded its company-owned platform with the acquisition of its franchised operation covering the Cleveland and Akron, Ohio markets. This business provides mitigation, contents, reconstruction and mold remediation services to residential property owners, as well as commercial and institutional accounts.

The existing leadership team will retain an ownership interest and continue to run day-to-day operations across this Ohio region. This acquisition furthers the strategy of selectively acquiring franchises within the aggregate network of approximately 375 locations across North America. California Closets acquired the franchised territories encompassing the metropolitan areas of Indianapolis, Indiana; Louisville and Lexington, Kentucky; and Cincinnati, Ohio.

This acquisition further expands the owned operations of the California Closets brand into additional markets with significant future growth potential.