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Kingsway Announces Strategic Acquisition of Viewpoint by SPI Software

1. Kingsway's subsidiary acquired ViewPoint, enhancing its vacation ownership software position. 2. This acquisition broadens SPI Software's global reach with innovative cloud solutions.

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FAQ

Why Bullish?

The acquisition strengthens Kingsway's market position, similar to past successful acquisitions that boosted stocks.

How important is it?

The strategic acquisition of a competitor is likely to enhance profitability and investor confidence.

Why Long Term?

The consolidation in vacation ownership software enhances future revenue streams and market dominance.

Related Companies

RCISPY
Combination Creates Global Leader in Vacation Ownership Software CHICAGO, ILLINOIS / ACCESS Newswire / April 30, 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 Systems Products International Inc. ("SPI Software"), a leading provider of vacation ownership software, has acquired @Work International Pty Ltd ("ViewPoint"), a cloud native timeshare software firm headquartered in Mount Waverley, Australia, from RCI Pacific. The acquisition advances SPI Software's leadership in the vacation ownership software market and positions the company to serve an even broader global client base with innovative, cloud-based solutions.

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