DeepSeek V4 Launch Signals China’s Growing AI Independence with Huawei Chips 
China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S. 
SMC Corp Stock Surges as Palliser Capital Pushes for Major Share Buyback 
U.S. Raises Alarm Over Chinese AI Firms’ Alleged IP Theft Through Model Distillation 
OpenAI Faces Revenue Pressure and User Growth Challenges Ahead of IPO 
Kia Cuts EV Prices in Europe as Chinese Carmakers Intensify Competition 
Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations 
Taiwan Court Fines Tokyo Electron Unit $4.78M in Major TSMC Trade Secrets Case 
Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand 
Sun Pharma to Acquire Organon in $11.75 Billion Deal to Boost Global Women’s Health Portfolio 
Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results 
Chinese Chip Stocks Surge on AI Boom and Domestic Tech Push 
U.S. Budget Airlines Seek $2.5 Billion Government Aid Amid Rising Jet Fuel Costs 
U.S. Demand for Alternative Satellite Providers Remains Strong Amid SpaceX Regulatory Push 
Brazil Blocks Prediction Market Platforms, Tightens Derivatives Trading Rules 
$16B Michigan Data Center Project Boosts U.S. AI Infrastructure Expansion 
Novartis Q1 2026 Earnings Miss Expectations as Generic Competition Pressures Sales 
TORONTO, April 12, 2017 -- FirstService Corporation (TSX:FSV) (NASDAQ:FSV) (“FirstService”) today announced that it has added another market-leading franchise to its Paul Davis Restoration (“PDR”) company-owned operations with the acquisition of PDR of Omaha Nebraska. The acquisition marks the fifth addition to PDR’s rapidly growing company-owned operations. Chris Mangan, President, and Kari Mangan, General Manager, will remain partners in the business and continue to lead day-to-day operations. Terms of the transaction were not disclosed.
“We are delighted to be joining PDR’s company-owned platform,” said Chris Mangan. “Our industry is undergoing rapid change and consolidation. The strategic expertise, resources and industry-leading technology gained through partnering with FirstService will help accelerate our growth and better position us to service the increasingly complex needs of our clients.”
“Consistent with our company-owned strategy, the addition of PDR Omaha increases the scale of our company-owned operations and expands our geographic footprint by establishing a new regional platform in the U.S. Midwest market,” said Rich Wilson, CEO of Paul Davis Restoration. “Chris and Kari have a collective 40 years of experience with Paul Davis and are among the most well-respected leaders across our network. We look forward to working closely with them as we continue to expand our geographic coverage and enhance the value of our service offering to our key insurance and corporate clients across North America,” he concluded.
ABOUT FIRSTSERVICE CORPORATION
FirstService Corporation is a North American leader in the property services sector, serving its customers through two industry-leading service platforms: FirstService Residential, North America's largest manager of residential communities; and FirstService Brands, one of North America's largest providers of essential property services delivered through individually branded franchise systems and company-owned operations.
FirstService generates $1.5 billion in annual revenues and has more than 17,000 employees across North America. With significant insider ownership and an experienced management team, FirstService has a long-term track record of creating value and superior returns for shareholders. The Subordinate Voting Shares of FirstService trade on the NASDAQ and the Toronto Stock Exchange under the symbol "FSV".
For the latest news from FirstService Corporation, visit FirstService.com
Jeremy Rakusin CFO FirstService Corporation (416) 960-9500
