TORONTO – California Closets Washington DC was acquired by FirstService Brands, parent company of the California Closets franchise, as part of the company's plan to build a national platform of company-owned operations. FirstService also acquired Paul Davis Restoration North Florida.
The acquisition of California Closets Washington DC marks the 13th addition to California Closets company-owned locations and establishes a major platform for growth in the large DC metropolitan area, the company says.
“Both of these acquisitions build on our strategy of acquiring leading franchise operations in key markets,” said Charlie Chase, CEO of FirstService Brands. “As market leaders in their respective industries, Paul Davis Restoration and California Closets have the unique opportunity to leverage their strength and scale to provide a consistent, enhanced level of service to our clients,” he concluded.
FirstService brands is a division of FirstService Corporation, which generates more than $1.3 billion in annual revenues and has more than 16,000 employees across North America.
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