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 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.
Kingsway Financial Services Inc. (NYSE:KFS), the only publicly-traded US company utilizing the Search Fund model for business acquisitions, has announced the publication of a new investor presentation on their company website. The presentation, which offers a comprehensive overview of the company's business strategy, is now available for access and download in the investor relations section at https://bit.ly/42KW6Ra.
Kingsway Financial Services (NYSE:KFS) has announced its participation in the upcoming Planet MicroCap Showcase: Vegas, partnering with MicroCapClub. The presentation is scheduled for Wednesday, April 23, at 8:00 AM PT. The company's management team will deliver a presentation and will be available for one-on-one meetings with investors during the conference. Interested parties can schedule meetings through their conference representative or by contacting James@HaydenIR.com.
Kingsway Financial Services (NYSE:KFS) has appointed Rob Humble as President and CEO of its dealer-focused auto warranty businesses, Preferred Warranties, Inc. (PWI) and Penn Warranty , effective immediately. Both companies operate within Kingsway's Extended Warranty segment.
The appointment comes as Brian Cosgrove, the outgoing President, resigns from his position after five years of service. JT Fitzgerald, Kingsway's President and CEO, emphasized that Humble's compensation structure and background align more closely with their Search Xcelerator CEOs, highlighting his proven track record in the warranty industry.
In his new role, Humble will focus on expanding product offerings, enhancing dealer partner and customer service, and driving business growth. The leadership transition aims to initiate the next phase of growth and innovation at PWI and Penn Warranty.
Kingsway Financial Services (NYSE:KFS) has appointed Adam J. Patinkin and Joshua S. Horowitz to its Board of Directors, with both directors to be nominated for election at the 2025 Annual Meeting of Shareholders. The appointments come at what the company describes as an 'inflection point' in its Search Xcelerator business.
The new directors bring experience in investment and business development, with a focus on creating shareholder value. Notably, affiliates of David Capital Partners have acquired a 9.2% stake in Kingsway through shares and options, while Palm Management affiliates have secured a 1.5% position. These positions were acquired through market purchases, not company-issued shares.
Kingsway positions itself as the only U.S.-listed company pursuing the 'Search Fund' strategy, operating a portfolio of asset-light service businesses with recurring revenues acquired through this model.
Kingsway Financial Services (NYSE:KFS) has announced a conference call scheduled for Tuesday, March 25, 2025, at 5:30 p.m. ET to discuss their recent acquisition of Bud's Plumbing. The company acquired the century-old plumbing service provider through their newly formed subsidiary, Plumbing Holdco ("Kingsway Skilled Trades").
The acquisition was completed for $5.0 million, plus transaction expenses and a working capital adjustment. The deal was financed through a combination of cash on hand and a $1.25 million seller note. Bud's Plumbing, operating as M.L.C. Plumbing , has been serving residential and commercial customers for over 100 years.
The conference call will include a live Q&A session, with investors having the option to submit questions via email to James@HaydenIR.com. The call will be accessible through both toll-free and international dial-in numbers, with replay options available.