FirstService Expands Commercial Roofing Geographic Footprint
FirstService Corporation's subsidiary, Roofing Corp of America, has acquired Schefers Roofing. The acquisition is expected to strengthen RCA's presence in the Midwest region.
FirstService Corporation is expanding its commercial roofing operations across North America through the acquisition of Schefers Roofing.
The purchase was made by FirstService subsidiary Roofing Corp of America (RCA). Schefers Roofing provides installation, restoration, preventative maintenance, and leak repair services. The company serves customers throughout Missouri, Northern Arkansas, and surrounding regions.
"The addition of Schefers expands RCA’s geographic footprint into the Kansas City market and further strengthens our presence in the Midwest U.S. region," said Randy Korach, CEO of RCA. He expressed satisfaction with adding a respected market leader to its growing commercial roofing platform.
Terms of the transaction were not disclosed. Schefers' existing management team will retain a minority equity interest and continue to oversee the day-to-day operations of the business.