logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Kingsway Announces Acquisition Of Secure Nursing Service, Inc.

Nov 21, 2022about 3 years ago

Acquiring Company

KINGSWAY

Acquired Company

SECURE NURSING SERVICEINC

Description

(NYSE: KFS) Kingsway Financial Services Inc. ("Kingsway") today announced the acquisition of the privately-held company Secure Nursing Service, Inc. ("SNS"), the third such acquisition completed under the Kingsway Search Xcelerator Program. SNS, based in Los Angeles, California (www.securenursing.com), employs highly skilled and professional per diem and travel Registered Nurses, Licensed Vocational Nurses, Certified Nurse Assistants and Allied Healthcare Professionals with multiple years of acute care hospital experience. SNS places these healthcare professionals in both per diem assignments, and in short-term and long-term travel assignments in a variety of hospitals in southern California.

Company Information

Company

KINGSWAY

About

Offering business loans and asset finance to SME businesses throughout the UK.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed