Kingsway announces acquisition of roundhouse electric & equipment co., inc.

Ksx search xcelerator's 9th acquisition asset-light industrial equipment services business with recurring revenues and strong growth prospects purchase price of $22.4 million trailing 12-month unaudited revenue of $16.0 million trailing 12-month unaudited adjusted ebitda of $4.2 million chicago, il / access newswire / july 2, 2025 / 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 the acquisition of roundhouse electric & equipment co., inc. ("roundhouse"), a leading provider of industrial-scale electric motor maintenance, repair, testing, and sales solutions based in odessa, texas, for a purchase price of $22.4 million, plus transaction expenses and a working capital adjustment. roundhouse provides mission-critical services, including field maintenance and testing as well as in-shop motor repair, primarily to midstream natural gas pipeline operators and utilities across the permian basin.
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