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Kingsway Announces $5.0 Million Acquisition of M.L.C. Plumbing LLC

1. Kingsway announced acquisition adding $6 million in revenue and $0.8 million EBITDA. 2. Conference call scheduled for March 25, 2025, to discuss the acquisition details.

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FAQ

Why Bullish?

The acquisition is expected to enhance revenue and EBITDA, similar to past successful acquisitions.

How important is it?

The acquisition strengthens Kingsway's market position and financial metrics, suggesting a positive trend.

Why Short Term?

Immediate revenue boost from acquisition will likely influence stock performance soon after.

Related Companies

KFS
Management to Host Conference Call Tuesday, March 25, 2025, at 5:30 p.m. ET Expected to be immediately accretive Adds $6.0 million of annual unaudited revenue and $0.8 million of annual unaudited adjusted EBITDA #1 Service and Repair plumbing company in its market Latest acquisition under the Kingsway Search Xcelerator platform CHICAGO, ILLINOIS / ACCESS Newswire / March 17, 2025 / (NYSE:KFS) Kingsway Financial Services Inc. ("Kingsway" or the "Company") today announced the formation of Plumbing Holdco LLC ("Kingsway Skilled Trades") and the acquisition of the privately-held M.L.C.

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