TSX:FSVReal Estate
FirstService Grows Owned Footprint As Valuation Hinges On Execution
FirstService has expanded its owned operations by acquiring additional territories within its Paul Davis Restoration and California Closets networks.
The transactions shift selected U.S. franchise markets into company operated locations for TSX:FSV.
These acquisitions give FirstService a larger direct operating footprint in core property services and home organization markets.
For investors watching TSX:FSV, the move comes with the shares recently trading around CA$200.04 and a mixed return...