Welcome to our dedicated page for Kingsway Finl news (Ticker: KFS), a resource for investors and traders seeking the latest updates and insights on Kingsway Finl stock.
Kingsway Financial Services Inc. (NYSE: KFS) regularly issues news and updates that reflect its role as a Search Fund–driven acquirer and operator of asset-light, recurring-revenue services businesses. This news page aggregates press releases and third-party coverage related to Kingsway’s financial results, acquisitions, and segment developments.
Recent announcements highlight quarterly earnings results for the Kingsway Search Xcelerator (KSX) and Extended Warranty segments, including revenue trends and reconciliations of GAAP net income (loss) to non-GAAP adjusted EBITDA. Investors following KFS news can review how management characterizes segment performance, cash sales in Extended Warranty, and the contribution of newly acquired businesses to Kingsway’s run-rate adjusted EBITDA.
Another major category of Kingsway news involves acquisition activity. Press releases describe KSX transactions such as the purchase of Roundhouse Electric & Equipment Co., Inc. in industrial electric motor services, the acquisitions of AAA Flexible Pipe Cleaning Corp (Advanced Plumbing and Drain) and Southside Plumbing in commercial and residential plumbing services, and the expansion of Ravix Group, Inc. through its acquisitions of The HR Team, Inc. and Ledgers, Inc. These announcements often detail transaction structure, expected unaudited revenue and adjusted EBITDA, and how each business fits Kingsway’s focus on asset-light, recurring-revenue services.
News items also cover capital markets and corporate actions, including a 2025 private placement of common stock and the related S-1 registration statement for resale of shares issued in that transaction and in connection with an acquisition. In addition, Kingsway publishes notices about upcoming and completed earnings conference calls, providing dial-in details and webcast links for investors.
By reviewing the KFS news feed, readers can track how Kingsway executes its public Search Fund strategy, adds new operating companies, and reports segment-level performance over time. Investors and researchers may wish to revisit this page regularly for the latest earnings releases, acquisition announcements, and corporate updates.
Kingsway Financial Services (NYSE:KFS), a public company utilizing the Search Fund model, reported Q2 2025 financial results with consolidated revenue growth of 16.9% to $30.9 million. The company's KSX segment showed strong performance with 42.1% revenue growth to $13.3 million, while Extended Warranty revenue increased 3.1% to $17.6 million.
The company reported a net loss of $3.2 million and reduced total net debt to $46.2 million. In June 2025, KFS completed a $15.7 million private placement at $11.75 per share. The company also announced three strategic acquisitions: Roundhouse Electric ($22.4M), Advanced Plumbing and Drain (up to $5.0M), and The HR Team, collectively adding approximately $23 million in annual revenue and $5.1 million in adjusted EBITDA.
Kingsway Financial Services (NYSE:KFS) announced that its subsidiary Ravix Group has completed the acquisition of The HR Team, a Maryland-based human resources services firm. The acquisition, which closed on August 1, 2025, represents Kingsway Search Xcelerator's 11th acquisition and brings an unaudited pro-forma annual adjusted EBITDA of $0.2 million.
The strategic acquisition enhances Ravix's Office of the CFO platform with expanded HR services capabilities, including HR compliance, organizational development, and outsourced HR support. The deal was funded through cash on hand and a seller note, with The HR Team's founder Eileen Levitt transitioning to an Executive Advisor role.
Kingsway Financial Services (NYSE:KFS) has announced the acquisition of AAA Flexible Pipe Cleaning Corp (Advanced Plumbing and Drain) for $3.5 million, with a potential earn-out of up to $1.5 million. The Cleveland-based plumbing services company, founded in 1926, represents Kingsway Search Xcelerator's 10th acquisition and the second business under the Kingsway Skilled Trades platform.
The transaction includes $3.0 million cash at closing, a $0.5 million seller note due in 2030, and the potential earn-out payable in 2027-2028. Advanced Plumbing and Drain generates unaudited pro-forma annual revenue of $7.0 million and adjusted EBITDA of $0.7 million, with 90% of revenues being recurring or reoccurring. The company's customer base is split between 65% commercial and 35% residential services.
Kingsway Financial Services (NYSE:KFS), the only publicly-traded US company utilizing the Search Fund model for business acquisitions, has scheduled its Q2 2025 financial results announcement for August 7, 2025, after market close.
The company will host a conference call at 5:00 PM Eastern Time on the same day to discuss the results. Investors can access the call through toll-free and international dial-in numbers, with a replay option available afterward. A live webcast of the presentation will also be accessible online.
Kingsway Financial Services (KFS) has announced its acquisition of Roundhouse Electric & Equipment Co. for $22.4 million. The Odessa, Texas-based company provides industrial-scale electric motor maintenance, repair, testing, and sales solutions, primarily serving midstream natural gas pipeline operators and utilities across the Permian Basin.
Roundhouse demonstrates strong financial performance with trailing 12-month unaudited revenue of $16.0 million and adjusted EBITDA of $4.2 million. The company has more than 200 active customers with approximately 90% recurring or reoccurring revenue. The transaction was funded with $10.4 million in cash and $11.0 million from a senior credit facility.
Miles Mamon, Kingsway's Operator-in-Residence, will assume the CEO role, while current Vice President Lee Hudson will remain as President. The acquisition represents KFS's ninth addition to its Search Xcelerator platform.
Kingsway Financial Services (NYSE:KFS), a unique publicly-traded company utilizing the Search Fund model, has announced the closing of a $15.7 million private placement (PIPE) of 1,336,264 common shares at $11.75 per share.
The company has upgraded its acquisition guidance through its Kingsway Search Xcelerator (KSX) program from 2-3 acquisitions per year to 3-5 acquisitions per year. The PIPE funding, combined with operating cash flow and non-dilutive capital sources, will support Kingsway's multi-year growth strategy. The placement was conducted with select institutional investors and was non-brokered.
Kingsway Financial Services (NYSE:KFS) has announced an upcoming Investor Day event at the New York Stock Exchange on Monday, May 19, 2025. The event will feature a fireside chat between Kingsway CEO JT Fitzgerald and Tom Joyce, former President, CEO, and Director of Danaher Corporation. Joyce, who had a 31-year career at Danaher, currently serves on the boards of MedStar Health, Roper Technologies, and the Charter School Growth Fund.
The discussion will explore Danaher Corporation's evolution, the development of the Danaher Business System (DBS), and Joyce's contributions to Kingsway through the KSX Advisory Board. The event begins at 9:30 am ET and will be available both in-person (RSVP required) and via live stream on the company's website.
Kingsway Financial Services (NYSE: KFS), the only publicly-traded US company using the Search Fund model for business acquisitions, has scheduled its Q1 2025 financial results announcement for Thursday, May 8, 2025, after market close. The company will host a conference call at 5 p.m. Eastern Time on the same day to discuss the results. Investors can join via toll-free number (877-545-0523; Code: 131755) or international line (973-528-0016; Code: 131755). A live webcast and replay will be available for those unable to attend the live call.
Kingsway Financial Services has announced that its subsidiary SPI Software has acquired ViewPoint, a cloud-native timeshare software company based in Mount Waverley, Australia, from RCI Pacific.
The strategic acquisition creates a global leader in vacation ownership software, combining SPI Software's established presence with ViewPoint's cloud-based solutions. The merger aims to accelerate product development and expand geographic reach in the vacation ownership software market.
Drew Richard, President of SPI Software, emphasized the complementary nature of both companies' offerings and their shared commitment to customer support. JT Fitzgerald, Kingsway's President and CEO, noted that SPI Software has achieved Rule-of-40 status through investments in products, people, and customer experience.
The transaction is immediately accretive to Kingsway's Adjusted EBITDA, though specific financial terms were not disclosed.