FirstService Residential Further Enhances Market Leadership Position in Florida
TORONTO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that FirstService Residential, the North American property management leader, has recently acquired a controlling interest in Rizzetta & Company (“Rizzetta” or the “Company”).
- TORONTO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) (“FirstService”) announced today that FirstService Residential, the North American property management leader, has recently acquired a controlling interest in Rizzetta & Company (“Rizzetta” or the “Company”).
- William “Bill” Rizzetta, Founder and President, will retain a significant equity stake in the Company and will continue to lead its operations.
- Based in Tampa, Florida and founded in 1986, Rizzetta is a leading full-service provider of consulting and property management services to homeowner associations and community development districts (“CDDs”) through eight offices across Florida.
- “This is a key transaction which broadens our service offering and capabilities as the residential property management market leader in Florida,” said David Diestel, Chief Executive Officer of FirstService Residential.