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Kingsway acquires Bud's Plumbing in strategic move

Kingsway acquires Bud's Plumbing in strategic move

03/17/25, 5:06 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgchicago
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgevansville
Industry
financial services
professional services
facilities support services
commercial
building maintenance
construction
service industry
Kingsway Financial Services Inc. has announced its acquisition of M.L.C. Plumbing LLC, known as Bud's Plumbing, for $5 million. This acquisition aims to enhance Kingsway's skilled trades portfolio. Bud's Plumbing has been serving the Evansville community since 1920, known for its quality plumbing services. Rob Casper will lead Kingsway Skilled Trades as part of this strategic growth initiative.

Company Info

Company
Kingsway Financial Services
Location
10 s. riverside plaza, ste 1520
Chicago, Illinois, United States
Company info
Kingsway Financial Services is a publicly traded holding company that trades on the NYSE under the ticker “KFS.” Kingsway aspires to compound intrinsic value per share at high rates over the long-term through efficient operations and thoughtful capital allocation. Kingsway owns or controls subsidiaries primarily in the extended warranty and business services industries.

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