Unnamed Analyst's questions to Kingsway Financial Services Inc (KFS) leadership • Q1 2025
Question
An analyst asked whether the one-year transition period for the former owner of Bud's Plumbing is a typical and desirable feature in Kingsway's acquisitions.
Answer
Executive John Fitzgerald affirmed that such transition periods are both typical and highly desirable. He explained that having the former owner remain involved is invaluable for transferring customer relationships and institutional knowledge to the new operator. Fitzgerald described the arrangement as a 'win-win' and expressed a desire to replicate it in future acquisitions.