Kingsway Search Xcelerator Announces New Oir Robert Casper
Rhea-AI Summary
Kingsway Financial Services (NYSE: KFS) has appointed Rob Casper as the newest Operator-in-Residence within its Kingsway Search Xcelerator (KSX) segment. This follows KSX's recent acquisition of Image Solutions Casper brings over 10 years of Private Equity Operations experience, having previously led multiple HVAC/R and plumbing companies across multiple states. He is a United States Naval Academy graduate with a Systems Engineering degree and served as a Marine Corps Officer before earning his MBA at Harvard Business School.
Positive
- Recent acquisition of Image Solutions demonstrates active M&A strategy
- Addition of experienced executive with proven M&A and operational expertise
Negative
- None.
News Market Reaction
On the day this news was published, KFS declined 0.54%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
CHICAGO - October 30, 2024 - (NYSE: KFS) Kingsway Financial Services. ("Kingsway" or the "Company") today announced that Rob Casper has joined as the Company's newest Operator-in-Residence within the Kingsway Search Xcelerator Segment ("KSX"). This announcement follows recent news of KSX's latest acquisition, Image Solutions LLC, last month.
J.T. Fitzgerald, Kingsway President and CEO, said, "We are excited to maintain momentum within our Search Xcelerator and welcome Rob as our newest team member. He brings terrific experience with more than 10 years in Private Equity Operations focused on executing M&A and creating operational value within those companies."
Prior to joining Kingsway, Rob led two regional HVAC/R companies that operated in 30 states and three plumbing companies that operated in five states. Rob held an A901 license in New Jersey. In these roles, Rob was responsible for leading multiple cross-functional teams through acquisition and delivering operational, value-creating initiatives.
Rob is a graduate of the United States Naval Academy, having received his Bachelor of Science in Systems Engineering, and subsequently served three deployments as an Officer within the United States Marine Corps. In 2011, he transitioned from the military to earn his MBA at Harvard Business School.
About the Company
Kingsway is a holding company that owns or controls subsidiaries primarily in the extended warranty and business services industries. The common shares of Kingsway are listed on the New York Stock Exchange under the trading symbol "KFS".
The company serves the extended warranty industry through its operating subsidiaries:
Auto Warranty
IWS (iwsgroup.com)
Penn Warranty (pennwarranty.com)
Preferred Warranties (preferredwarranties.com)
HVAC/Facility Warranty
Trinity Warranty Solutions (trinitywarranty.com)
The company serves the business services industry through its operating subsidiaries:
B2B Services
Ravix Group (ravixgroup.com), CSuite Financial (Csuitefinancialpartners.com)
Image Solutions (istechology.com)
Healthcare Services
Digital Diagnostic Imaging (ddimagingusa.com)
Secure Nursing Services (securenursing.com)
Vertical Market Software
Systems Products International (spisoftware.com)
Additional Information
Additional information about Kingsway, including a copy of its Annual Reports can be accessed on the EDGAR section of the U.S. Securities and Exchange Commission's website at www.sec.gov, or through the Company's website at www.kingsway-financial.com
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For Media Inquiries
Hayden IR
James Carbonara
(646) 755-7412
For Business Development Inquiries
Kingsway Financial Services Inc.
Charles Joyce
(312) 766-2155
View the original press release on accesswire.com
FAQ
Who is the new Operator-in-Residence at Kingsway Financial Services (NYSE: KFS)?
What was Kingsway Financial Services' (NYSE: KFS) latest acquisition?
What is Rob Casper's background before joining Kingsway Financial Services (NYSE: KFS)?
