M&A Deal Summary

Kingsway Financial Services Acquires Bud s Plumbing & Repair Service

On March 17, 2025, Kingsway Financial Services acquired business services company Bud s Plumbing & Repair Service for 5M USD

Acquisition Highlights
  • This is Kingsway Financial Services’ 2nd transaction in the Business Services sector.
  • This is Kingsway Financial Services’ 3rd largest (disclosed) transaction.
  • This is Kingsway Financial Services’ 8th transaction in the United States.
  • This is Kingsway Financial Services’ 1st transaction in Indiana.

M&A Deal Summary

Date 2025-03-17
Target Bud s Plumbing & Repair Service
Sector Business Services
Buyer(s) Kingsway Financial Services
Deal Type Add-on Acquisition
Deal Value 5M USD

Target

Bud s Plumbing & Repair Service

Evansville, Indiana, United States
Bud's Plumbing & Repair Service is providing plumbing, sewer, and drain services. Bud's Plumbing & Repair Service was founded in 1920 and is based in Evansville, Indiana.

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Buyer(S) 1

Buyer

Kingsway Financial Services

Chicago, Illinois, United States

Category Company
Founded 1989
Sector Consumer Services
Employees397
Revenue 108M USD (2023)
DESCRIPTION

Kingsway Financial Services is a holding company that owns or controls subsidiaries primarily in the extended warranty and business services industries. Kingsway Financial Services was formed in 1989 and is based in Chicago, Illinois.


DEAL STATS #
Overall 8 of 8
Sector (Business Services) 2 of 2
Type (Add-on Acquisition) 8 of 8
State (Indiana) 1 of 1
Country (United States) 8 of 8
Year (2025) 1 of 1
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-11 SPI

Miami, Florida, United States

SPI is a preferred partner in the development of software products, created exclusively to serve the management needs of all types of shared-ownership properties. The SPI platform includes a comprehensive set of modules with software solutions that cover the entire vacation ownership enterprise: sales, property management, loan servicing, receivables management, integrations, and mobile applications. SPI is based in Miami, Florida.

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