M&A Deal Summary

Kingsway Financial Services Acquires SPI

On September 11, 2023, Kingsway Financial Services acquired software company SPI

Acquisition Highlights
  • This is Kingsway Financial Services’ 1st transaction in the Software sector.
  • This is Kingsway Financial Services’ 7th transaction in the United States.
  • This is Kingsway Financial Services’ 1st transaction in Florida.

M&A Deal Summary
Date 2023-09-11
Target SPI
Sector Software
Buyer(s) Kingsway Financial Services
Deal Type Add-on Acquisition

Target

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.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 7 of 7
Sector (Software) 1 of 1
Type (Add-on Acquisition) 7 of 7
State (Florida) 1 of 1
Country (United States) 7 of 7
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-21 Secure Nursing Service

Los Angeles, California, United States

Secure Nursing Service is a healthcare supplemental staffing agency. Secure Nursing Service is based in Los Angeles, California.

Buy $11M
Mergr

Product

Company

Legal