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

1. Kingsway Financial's subsidiary acquired The HR Team, enhancing HR service capabilities. 2. The acquisition adds recurring revenues with an adjusted EBITDA of $0.2 million.

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FAQ

Why Bullish?

The acquisition supports revenue growth and service portfolio expansion, similar to past successful integrations that positively affected stock performance.

How important is it?

The strategic acquisition enhances KFS's operational capacity and revenue potential, making it important for investors focused on growth.

Why Short Term?

Investor sentiment may improve shortly as the market reacts to this strategic acquisition, typically leading to immediate price adjustments.

Related Companies

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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