Kingsway Financial (KFS) Acquires Secure Nursing Service
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KINGSWAY ANNOUNCES ACQUISITION OF SECURE NURSING SERVICE, INC.
November 21, 2022 8:00 AM ESTThird acquisition under the Kingsway Search Xcelerator ProgramExpected to be immediately accretive, adding $19.7 million of unaudited revenue, $2.6 million of U.S. GAAP income before income taxes and $2.7 million of unaudited non-GAAP adjusted EBITDACapital light, recurring revenue business
CHICAGO, Nov. 21, 2022 /PRNewswire/ - (NYSE: KFS) Kingsway Financial Services Inc. ("Kingsway") today announced the acquisition of the privately-held company Secure Nursing Service, Inc. ("SNS"), the third such acquisition completed under the Kingsway Search Xcelerator Program. SNS, based in Los Angeles, California... More
