Business
Kingsway Financial Services Inc. Appoints Adam J. Patinkin and Joshua S. Horowitz to Its Board of Directors
CHICAGO, ILLINOIS / ACCESS Newswire / March 31, 2025 /Kingsway Financial Services Inc. (NYSE:KFS) ("Kingsway" or the "Company") today announced it has appointed Adam J. Patinkin and Joshua S. Horowitz to its Board of Directors. The Company has also ...
About this update from Kingsway Corporation
[{"type":"text","content":"CHICAGO, ILLINOIS / ACCESS Newswire / March 31, 2025 / Kingsway Financial Services Inc. (NYSE:KFS) ("Kingsway" or the "Company") today announced it has appointed Adam J. Patinkin and Joshua S. Horowitz to its Board of Directors. The Company has also agreed to nominate Mr. Patinkin and Mr. Horowitz for election to the Board of Directors at the upcoming 2025 Annual Meeting of Shareholders.","length":410,"tagName":"p"},{"type":"text","content":""We are delighted to welcome Adam and Josh to the Kingsway Board of Directors," said JT Fitzgerald, Kingsway's CEO and a Director. "Kingsway's business is at an inflection point as we have achieved scale and momentum in our Search Xcelerator business. Both Adam and Josh are experienced investors and businesspeople with successful track records building companies and creating shareholder value. I am looking forward to working together with them to help take Kingsway to the next level."","length":517,"tagName":"p"},{"type":"text","content":""I am honored to join Kingsway's Board of Directors at an exciting moment for the Company," said Mr. Patinkin. "Kingsway owns and operates a collection of high-quality services businesses that are asset-light, growing, and have recurring revenues - and that were each acquired by deploying the well-regarded ‘Search Fund' model for business acquisition and growth. As the only U.S.-listed company pursuing the ‘Search Fund' strategy, Kingsway represents a unique and attractive vehicle for investors to gain exposure to this asset class via the public markets. I am confident that over time, Kingsway can become a far larger and more profitable company to the benefit of all stakeholders, including its shareholders. I look forward to contributing to Kingsway's future success as a Director."","length":828,"tagName":"p"},{"type":"text","content":""After tracking Kingsway for many years, I believe this is the right time for me to actively contribute to unlocking the Company's significant potential," said Mr. Horowitz. "Kingsway has the right strategy and talented leaders across its organization, but I believe the Company's value remains underappreciated by public market investors. I am eager to take a hands-on approach to help Kingsway scale its operations and enh...