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Jay S. Hennick
Founder & Ceo at Firstservice
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Work Experience
Founder & Ceo
Present
Company Details
10000+ 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
Year Founded
1989
Social Media
LinkedinFacebookTwitter
Industry
Real Estate
HQ Location
1140 Bay St Toronto, ON M5S 2B4, CA
Keywords
Essential Property Services and Residential Property ServicesCorporation
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