FirstService Broadens Commercial Roofing Geographic Footprint

Executive Summary

• FirstService Corporation’s subsidiary, Roofing Corp of America (RCA), has acquired Schefers Roofing, a commercial roofing contractor headquartered in Kansas City, Missouri.
• The existing Schefers management team will retain a minority equity interest and continue to oversee day-to-day operations.
• The transaction expands RCA’s geographic footprint into the Kansas City market and strengthens its commercial roofing platform in the Midwest U.S. region.

Key Details

• Acquirer: FirstService Corporation (via subsidiary Roofing Corp of America / RCA)
• Target: Schefers Roofing ("Schefers")
• Transaction Type: Acquisition
• Consideration/Terms: Not disclosed
• Management & Equity Structure: Existing management team retains a minority equity interest and will continue overseeing day-to-day operations.
• Target Profile: Founded in 1995; full-service commercial roofing contractor specializing in installation, restoration, preventative maintenance, and leak repair services.
• Target Geography & Market: Headquartered in Kansas City, Missouri; serves customers throughout Missouri, Northern Arkansas, and surrounding regions.
• Strategic Rationale: Expands RCA’s geographic footprint into the Kansas City market and strengthens its presence in the Midwest U.S. region.

Notable Quotes

• “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. “We are pleased to add a highly respected market leader to our growing commercial roofing platform and welcome the entire Schefers team to our organization.”