FirstService Acquires 80% Interest in Association Management, Inc.

FirstService Corporation FSRV today announced acquisition of an 80% interest in Association Management, Inc.. David & Glenda Regenbaum, Founders & Officers of AMI, will retain the balance of the equity and will continue to manage day-to-day operations. During the last 12 months, AMI generated more than $13 million in revenues. Terms of the transaction were not disclosed.