Kingsway Financial (KFS) Services’ Ravix Group completed the strategic acquisition of The HR Team, a specialized firm of human resources professionals based in the state of Maryland. The transaction enhances Ravix’s ability to deliver comprehensive human resources services as part of its Office of the CFO platform, and expands Ravix’s capabilities in HR compliance, organizational development, and outsourced HR support services. The combination expands and diversifies Ravix’s client base, creates meaningful cross-selling opportunities, and provides a strong foundation for further expansion in outsourced HR services. The transaction closed on August 1, 2025, and was funded with cash on hand and a seller note. Management will provide additional details about the acquisition during the company’s second quarter 2025 earnings call. Timi Okah, CEO of Ravix, sourced and led the transaction for Kingsway.
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