11:22 AM EDT, 08/05/2025 (MT Newswires) -- Kingsway Financial Services ( KFS ) said Tuesday it acquired AAA Flexible Pipe Cleaning, a provider of commercial and residential plumbing services in Cleveland, Ohio, for up to $5 million.

The purchase price for the deal included $3 million cash at close, a $500,000 seller note due in 2030, and a potential earn-out of up to $1.5 million linked to growth in adjusted earnings before interest, taxes, depreciation, and amortization, payable in 2027 and 2028, Kingsway said.

The transaction was completed last Friday, the company added.

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