Kingsway announces acquisition of southside plumbing

Kingsway search xcelerator's 12th acquisition asset-light plumbing services business with recurring revenues and leading market position purchase price of $5.625 million, plus a potential earn-out of up to $1.125 million, for a total maximum purchase price of $6.75 million unaudited pro-forma annual revenue of $4.0 million unaudited pro-forma annual adjusted ebitda of $0.9 million new credit facility to support growth at kingsway skilled trades chicago, illinois / access newswire / august 18, 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 the acquisition of southside plumbing, a leading provider of commercial and residential plumbing services located in omaha, nebraska. southside plumbing is the third business operated under the kingsway skilled trades platform.
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