M&A Deal Summary

Kingsway Financial Services Acquires Roundhouse Electric & Equipment

On July 2, 2025, Kingsway Financial Services acquired machinery company Roundhouse Electric & Equipment for 22M USD

Acquisition Highlights
  • This is Kingsway Financial Services’ 1st transaction in the Machinery sector.
  • This is Kingsway Financial Services’ largest (disclosed) transaction.
  • This is Kingsway Financial Services’ 9th transaction in the United States.
  • This is Kingsway Financial Services’ 1st transaction in Texas.

M&A Deal Summary

Date 2025-07-02
Target Roundhouse Electric & Equipment
Sector Machinery
Buyer(s) Kingsway Financial Services
Deal Type Add-on Acquisition
Deal Value 22M USD

Target

Roundhouse Electric & Equipment

Odessa, Texas, United States
Roundhouse Electric & Equipment is a provider of industrial-scale electric motor maintenance, repair, testing, and sales solutions. Roundhouse Electric & Equipment was founded in 1976 and is based in Odessa, Texas.

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Buyer(S) 1

Buyer

Kingsway Financial Services

Chicago, Illinois, United States

Category Company
Founded 1989
Sector Business Services
Employees397
Revenue 113M USD (2024)
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 9 of 13
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 9 of 13
State: Texas M&A 1 of 2
Country: United States M&A 9 of 13
Year: 2025 M&A 2 of 6
Size (of disclosed) 1 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-17 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.

Buy $5M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-08-01 HR Team

Columbia, Maryland, United States

HR Team is an HR outsourcing firm serving small and mid-sized organizations across a diverse range of sectors, including technology, construction, financial services, and nonprofits. HR Team was founded in 1996 and is based in Columbia, Maryland.

Buy -