KFS

KINGSWAY ANNOUNCES FORMATION OF VERTICAL MARKET SOLUTIONS, LLC ("VMS") AND ACQUISITION OF SYSTEMS PRODUCTS INTERNATIONAL, INC. / KINGSWAY SEARCH XCLERATOR ANNOUNCES ADDITION OF MILES MAMON

Retrieved on: 
Monday, September 11, 2023

ET

Key Points: 
  • ET
    Fourth acquisition under the Kingsway Search Xcelerator Program, first in 2023
    CHICAGO, Sept. 11, 2023 /PRNewswire/ - (NYSE: KFS) Kingsway Financial Services Inc. ("Kingsway") today announced the formation of Vertical Market Solutions, LLC ("VMS") and the acquisition of the privately-held vertical market software company Systems Products International, Inc. ("SPI").
  • This acquisition is the fourth acquisition completed under the Kingsway Search Xcelerator Program.
  • "This is Kingsway's fourth acquisition under the Kingsway Search Xcelerator Program and our first in the vertical market software space," said Kingsway President and CEO, J.T.
  • Kingsway also announced today that Miles Mamon has joined its innovative Kingsway Search Xclerator ("KSX") segment as the newest OIR.

KINGSWAY TO REPORT FINANCIAL RESULTS FOR SECOND QUARTER 2023 ON AUGUST 8, 2023

Retrieved on: 
Tuesday, August 1, 2023

CHICAGO, Aug. 1, 2023 /PRNewswire/ - (NYSE: KFS) Kingsway Financial Services Inc. ("Kingsway" or the "Company") today announced that it will report financial results for the second quarter ended June 30, 2023, after the close of trading on Tuesday, August 8, 2023.

Key Points: 
  • CHICAGO, Aug. 1, 2023 /PRNewswire/ - (NYSE: KFS) Kingsway Financial Services Inc. ("Kingsway" or the "Company") today announced that it will report financial results for the second quarter ended June 30, 2023, after the close of trading on Tuesday, August 8, 2023.
  • Management will host a conference call at 5:00 p.m. Eastern time on August 8, 2023, to discuss the results and to field questions.

Kingsway to Present at The LD Micro Investor Conference in Los Angeles on June 7, 2023, at 4:00pm Pacific Time

Retrieved on: 
Monday, May 22, 2023

Chicago, Illinois--(Newsfile Corp. - May 22, 2023) - Kingsway Financial Services Inc. (NYSE: KFS) ("Kingsway" or the "Company") today announced that management will present at the LD Micro Investor Conference in Los Angeles on June 7, 2023 at 4:00pm Pacific Time.

Key Points: 
  • Chicago, Illinois--(Newsfile Corp. - May 22, 2023) - Kingsway Financial Services Inc. (NYSE: KFS) ("Kingsway" or the "Company") today announced that management will present at the LD Micro Investor Conference in Los Angeles on June 7, 2023 at 4:00pm Pacific Time.
  • The presentation will be available via webcast at: https://ldinv13.sequireevents.com/ .
  • Management will also host one-on-one investor meetings during the conference.
  • To schedule a meeting with management, please contact your conference representative or email [email protected] .

KINGSWAY TO REPORT FINANCIAL RESULTS FOR FIRST QUARTER 2023 ON MAY 9, 2023

Retrieved on: 
Tuesday, May 2, 2023

CHICAGO, May 2, 2023 /PRNewswire/ - (NYSE: KFS) Kingsway Financial Services Inc. ("Kingsway" or the "Company") today announced that it will report financial results for the first quarter ended March 31, 2023 after the close of trading on Tuesday, May 9, 2023.

Key Points: 
  • CHICAGO, May 2, 2023 /PRNewswire/ - (NYSE: KFS) Kingsway Financial Services Inc. ("Kingsway" or the "Company") today announced that it will report financial results for the first quarter ended March 31, 2023 after the close of trading on Tuesday, May 9, 2023.
  • Management will host a conference call at 5:00 p.m. Eastern time on May 9, 2023, to discuss the results and to field questions.

KINGSWAY SEARCH XCLERATOR ANNOUNCES ADDITION OF PETER HEARNE AND CHARLES JOYCE

Retrieved on: 
Tuesday, May 2, 2023

CHICAGO, May 2, 2023 /PRNewswire/ - (NYSE: KFS) Kingsway Financial Services Inc. ("Kingsway" or the "Company") today announced that Peter Hearne and Charles Joyce have joined its innovative Kingsway Search Xclerator ("KSX") segment.

Key Points: 
  • CHICAGO, May 2, 2023 /PRNewswire/ - (NYSE: KFS) Kingsway Financial Services Inc. ("Kingsway" or the "Company") today announced that Peter Hearne and Charles Joyce have joined its innovative Kingsway Search Xclerator ("KSX") segment.
  • Mr. Hearne joins as the newest Operator-in-Residence, while Mr. Joyce joins as the KSX Vice President of Business Development, a newly created position.
  • "We are excited to welcome Peter and Charles to the KSX team," said John T. Fitzgerald, the President and Chief Executive Officer of Kingsway.
  • Charles joins Kingsway from Forest Circle LLC - a Search investment firm - where, as Principal and Chief Executive Officer, he was responsible for sourcing and evaluating investment opportunities.

Arena Investors Announces Lending Up to $100 Million to Kettera Financial Solutions

Retrieved on: 
Monday, February 27, 2023

NEW YORK, Feb. 27, 2023 /PRNewswire/ -- Arena Investors, LP ("Arena"), a leading global investment firm, announced today that it is lending up to $100 million of secured debt to Kettera Financial Solutions ("KFS") for the purpose of providing Latin American SMEs with access to capital against their high-quality receivables.

Key Points: 
  • NEW YORK, Feb. 27, 2023 /PRNewswire/ -- Arena Investors, LP ("Arena"), a leading global investment firm, announced today that it is lending up to $100 million of secured debt to Kettera Financial Solutions ("KFS") for the purpose of providing Latin American SMEs with access to capital against their high-quality receivables.
  • Kettera Financial Solutions, based in Miami, is an innovative financial services provider currently operating in Mexico and, soon, Brazil.
  • "We are thrilled to be partnering with Kettera Financial Solutions to support the growth and development of Latin American SMEs," said Vivek Nayar, Managing Director at Arena.
  • "Kettera Financial Solutions is dedicated to helping Latin SMEs succeed and grow; this balance sheet provides ample resources to do just that," said Sudeep Singh, CEO of Kettera Financial Solutions.

Kingsway Welcomes Sun Mountain Partners, LLC, Led by Will Thorndike and Christian Solberg, as a Large Investor in Kingsway

Retrieved on: 
Monday, January 9, 2023

CHICAGO, Jan. 9, 2023 /PRNewswire/ - (NYSE: KFS) Kingsway Financial Services Inc. ("Kingsway" or the "Company") today welcomes Sun Mountain Partners, LLC ("Sun Mountain"), led by Will Thorndike and Christian Solberg, as a large investor in Kingsway.

Key Points: 
  • CHICAGO, Jan. 9, 2023 /PRNewswire/ - (NYSE: KFS) Kingsway Financial Services Inc. ("Kingsway" or the "Company") today welcomes Sun Mountain Partners, LLC ("Sun Mountain"), led by Will Thorndike and Christian Solberg, as a large investor in Kingsway.
  • Through its purchase of warrants and subsequent exercise for KFS common stock, Sun Mountain has increased its position by 611,547 common shares.
  • Earlier this year, Kingsway created a Strategic Advisory Board for its newly formed Kingsway Search Xcelerator ("KSX") segment and welcomed Mr. Thorndike as an advisor.
  • In November 2022, Sun Mountain Partners also exercised 99,875 warrants, resulting in additional cash proceeds to the Company of $0.5 million.

B.I.G. Logistics Acquires Leading USA Border, Mexican Customs Broker, and Third-Party Logistics Provider Xcell Logistic Services Inc.

Retrieved on: 
Tuesday, December 20, 2022

Logistics today announced the acquisitions of privately-owned Xcell Logistic Services, Inc., and Xcell Logistics Corporation in Mexico.

Key Points: 
  • Logistics today announced the acquisitions of privately-owned Xcell Logistic Services, Inc., and Xcell Logistics Corporation in Mexico.
  • Logistics, a SecurCapital Corp company, is a leading third-party logistics provider (3PL) and technology-enabled warehouse management IT platform with warehouses throughout Texas and along the Mexican border.
  • Xcell Logistics Corporation, headquartered in Mexico City, has offices in key Mexican ports, industrial hub cities and border crossings with the United States.
  • Xcell Logistics Companies Founder and Chairman Roberto Sosa offers, "The acquisition of Xcell by B.I.G.

Plains All American Announces Sale of Minority Ownership Interest in Keyera Fort Saskatchewan Joint Venture

Retrieved on: 
Wednesday, December 14, 2022

“Today’s win-win announcement allows us to monetize our 21% ownership of the KFS JV, while improving key connectivity for our Plains Fort Saskatchewan facility,” stated Willie Chiang, Chairman and CEO of Plains All American.

Key Points: 
  • “Today’s win-win announcement allows us to monetize our 21% ownership of the KFS JV, while improving key connectivity for our Plains Fort Saskatchewan facility,” stated Willie Chiang, Chairman and CEO of Plains All American.
  • “The sale proceeds will be utilized to further lower our leverage, strengthen our financial positioning and potentially reinvest in capital-efficient expansions and improvements at the Plains Fort Saskatchewan facility.”
    The divestiture includes all of Plains’ interest in the Keyera Fort Saskatchewan facility.
  • Plains’ Fort Saskatchewan facility is located near Edmonton, Alberta, one of the key North American NGL hubs, which consists of several different facilities and pipeline assets.
  • As previously disclosed, Plains is evaluating cost-efficient expansions of the Plains’ Fort Saskatchewan facility.

KINGSWAY ANNOUNCES EXPANSION OF BOARD - APPOINTMENT OF NEW DIRECTOR

Retrieved on: 
Friday, May 20, 2022

"We are excited to welcome Charlie to our Board," said Terence M. Kavanagh, Chairman of the Board of Directors.

Key Points: 
  • "We are excited to welcome Charlie to our Board," said Terence M. Kavanagh, Chairman of the Board of Directors.
  • "Charlie holds approximately 7% of Kingsway's common stock, bringing total Board and management ownership to approximately 63% of Kingsway's common stock.
  • "It is with great enthusiasm that I accept the appointment to Kingsway's Board of Directors," said Mr. Frischer.
  • "I've been following Kingsway very closely the past couple of years and have acquired my ownership stake over that time.