Kingsway Financial Services (KFS) has released an update.
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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.