Unnamed Analyst's questions to Kingsway Financial Services Inc (KFS) leadership • Q1 2025
Question
An analyst inquired about the current M&A pipeline, particularly regarding bolt-on acquisitions for existing platforms.
Answer
Executive John Fitzgerald characterized the deal pipeline as the 'most active it has ever been.' He noted that the company's three Operators in Residence (OIRs) are effectively building their M&A pipelines. Fitzgerald also highlighted opportunities for bolt-on acquisitions within the Skilled Trades and Vertical Market Solutions platforms, as well as for other established operating companies in fragmented markets.