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First Onsite Acquires Metropolitan Seattle-based - Bales Restoration

GREENWOOD VILLAGE, Colorado – December 29, 2021 – First Onsite Property Restoration (First Onsite), one of North America’s largest disaster recovery and restoration providers for commercial enterprises, has acquired Bales Restoration, a Metropolitan Seattle-based emergency water restoration, disinfectant cleaning, mold remediation, hardwood floor drying and inspections service provider. Founded in 1976, Bales Restoration is the leading healthcare and commercial restoration provider in Northern Seattle. The acquisition is part of First Onsite’s expansion strategy to attain operational excellence for clients by focusing on geographical expansion and timely response.

This new acquisition allows Bales Restoration to scale operations with major hospital networks as well as expand their services throughout the Greater Seattle region. The First Onsite existing branch in Kent, will now serve regional accounts with locations in Northern Seattle with the Bales Restoration team.

“Bales Restoration is known widely to be considered the specialists in the complex healthcare restoration space in the Pacific Northwest region. With their positioning as the clear market leader and considering they are specialists within the healthcare segment it completes an industry segment that First Onsite is seeking to grow,” stated Stacy Mazur, First Onsite CEO, U.S.

“Increased production support from First Onsite helps with the capacity restraints we have experienced. We are very excited about this acquisition and look forward to growing the company in the healthcare space throughout the region,” shared Ernie Storrer, Bales Restoration President and Owner.

First Onsite, which operates in the U.S. and Canada, is a subsidiary of FirstService Corporation (NASDAQ: FSV, TSX: FSV) and represents the second-largest independent North American restoration and reconstruction services provider for commercial enterprises. This acquisition is the latest in a series that expands First Onsite’s capabilities and resources across North America. The financial terms of the acquisition are not being disclosed.

About First Onsite
First Onsite is one of the largest and fastest-growing emergency response planning, mitigation and reconstruction service providers for commercial enterprises in North America. First Onsite employs over 2,300 team members and operates from more than 90+ locations across the U.S., Canada and Puerto Rico. With a culture focused on harnessing the human power of its team members and a commitment to doing what’s right, the First Onsite team helps clients restore, rebuild and rise. First Onsite is a subsidiary of FirstService Corporation. For more information, go to firstonsite.com or follow @firstonsite on Twitter and LinkedIn.

Media Contact:
Maureen Russell
mkr@maureenrussell.com
303-929-2711

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