The story
Early years
California Closets was founded in 1978 in Woodland Hills, California, by Neil Balter, an 18-year-old college student who initially built custom storage systems to maximize dorm room closet space. As the business grew, Balter dropped out of community college just shy of an associate degree in advertising. In 1982, California Closets began expanding beyond its origin in the San Fernando Valley by selling its first franchise in Huntington Beach, California. Franchises outside of California were known as Creative Closets. By 1984, the company had outlets in western Canada, including Calgary and Edmonton, with 31 total units. By 1989, the company had 101 franchises in five countries.
The high-end home furnishings retailer Williams-Sonoma acquired California Closets in 1990. The company relocated to San Francisco. Balter received a five-year contract to remain the company's president, but after a stretch of uneven management and slowness attributable to the early 1990s recession, he departed within two years. Williams-Sonoma sold the business in 1994 to investors led by Bill LeVine and Anthony Vidergauz.
FirstService ownership
In 1998, FirstService Corporation acquired California Closets, joining its stable of other franchises. California Closets moved its headquarters in 2011 from San Rafael to Berkeley, California.
From Wikipedia’s article on California Closets, shared under CC BY-SA 4.0.4
