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Kingsway Announces Strategic Acquisition of Viewpoint by SPI Software

1. KFS's subsidiary SPI Software has acquired ViewPoint, expanding its vacation ownership market reach. 2. The acquisition strengthens SPI's position in cloud-based software solutions globally.

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FAQ

Why Bullish?

Historical acquisitions in tech niches have led to stock appreciation. KFS's strategic expansion can enhance revenue growth prospects.

How important is it?

The acquisition signals strategic growth, likely to attract investor interest and improve financial performance.

Why Long Term?

Building a larger client base in the software market typically takes time but promises sustained growth.

Related Companies

RCISPGI
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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