FirstService Residential Realty, Inc

Real EstateCanada10001+ Employees

FirstService Corporation is a North American leader in the essential property services sector serving its customers through two industry leading platforms:

FirstService Residential - North America's largest manager of residential communities;

FirstService Brands - one of North America's largest providers of essential property services to residential and commercial customers delivered through individually branded franchise systems and company-owned operations.

FirstService Residential and FirstService Brands both rely on the same operational foundations for success:

- Proven business models and core competencies in managing and growing market-leading outsourced property services businesses;
- Focus on service excellence and leveraging our significant scale advantages and differentiators to benefit our clients;
- Leadership positions with well-recognized brands and modest market shares in very large, fragmented markets providing significant growth opportunities;
- Disciplined tuck-under acquisition program ensuring strong returns on invested capital; and
- Partnership philosophy aligning business leaders with shareholders to add long-term value

FirstService Corporation's compelling track record of financial performance includes:

- Highly predictable and recurring contractual revenue;
- Strong free cash flow with modest capital expenditures;
- Conservative balance sheet;
- Consistent dividend increases (five 10%+ increases in five years since spin-off; cumulative 65% increase); and
- Future growth target of 10%+ compounded annual revenue growth

FirstService generates US$2.4 billion in annual revenues and has approximately 24,000 employees across North America

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