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Kingsway Announces Acquisition of The HR Team, Inc. by Ravix Group

1. Kingsway successfully acquired The HR Team, enhancing HR service capabilities. 2. The acquisition targets recurring revenue with an annual adjusted EBITDA of $0.2 million.

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$13.9408/07 03:16 PM EDTLatest Updated
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Why Bullish?

This acquisition aligns with Kingsway's growth strategy and is expected to drive revenue, similar to past successful acquisitions that increased overall business valuation.

How important is it?

This acquisition strengthens Kingsway's market presence and capability to offer comprehensive HR services, which is significant for its growth trajectory.

Why Long Term?

As this acquisition positions Kingsway to tap into the growing demand for HR services, long-term revenue growth is anticipated as market needs evolve.

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Kingsway Search Xcelerator's 11th Acquisition Asset-light outsourced human resources services business with recurring revenues Unaudited pro-forma annual adjusted EBITDA of $0.2 million CHICAGO, ILLINOIS / ACCESS Newswire / August 6, 2025 / (NYSE:KFS) Kingsway Financial Services Inc. ("Kingsway" or the "Company"), the only publicly-traded US company employing the Search Fund model to acquire and build great businesses, today announced that its wholly-owned subsidiary Ravix Group, Inc. ("Ravix"), has completed the strategic acquisition of The HR Team, Inc. ("The HR Team"), a specialized firm of human resources professionals based in the state of Maryland. The transaction enhances Ravix's ability to deliver comprehensive human resources ("HR") services as part of its Office of the CFO platform, and expands Ravix's capabilities in HR compliance, organizational development, and outsourced HR support services.

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