tiprankstipranks
Kingsway Financial Services Expands with New Acquisition
Company Announcements

Kingsway Financial Services Expands with New Acquisition

Story Highlights

Kingsway Financial Services (KFS) has released an update.

Pick the best stocks and maximize your portfolio:

Kingsway Financial Services has acquired IT managed services provider Image Solutions LLC for $19.5 million, a move that is expected to immediately increase earnings and add significant annual revenue and EBITDA. The acquisition enhances Kingsway’s Xcelerator portfolio and is part of a strategy to grow in the stable and expanding IT services market.

For further insights into KFS stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskKingsway Financial Reports Revenue Growth Amid Challenges
TheFlyKingsway Financial announces $19.5M acquisition of Image Solutions
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App