Live Ventures Incorporated is a Diversified Holding Company with a strategic focus on acquiring U.S.-based middle market growth companies.
ABOUT USLive Ventures Incorporated is an American holding company, publicly traded on the Nasdaq Capital Market (NASDAQ: LIVE), with the mission of delivering shareholder value by identifying and acquiring well-managed companies that are positioned to benefit from Live Ventures’ capital infusion and strategic guidance.
Live Ventures is a thriving enterprise currently holding an array of portfolio companies from retail services, to consumer goods, to highly efficient manufacturing with nearly $200 million in total revenue for fiscal 2018, total assets of over $131.8 million, and approximately 1,100 employees across the United States.
The company was originally incorporated in 1968 as Nuclear Corporation of New Mexico and in 2008, became known as LiveDeal, Inc. In late 2011 our CEO and strategic investor, Jon Isaac, rescued LiveDeal from near bankruptcy, days before NASDAQ was due to delist it. With Isaac at the head, the new management team quickly injected a healthy flush of new capital and began to rebuild the company into a highly successful competitor against mobile marketing heavyweights like Groupon and LivingSocial.
Today, Live Ventures operates as a progressive holding company with a disciplined approach to identifying unique business opportunities and a proven methodology to bolstering American businesses.
Acquisitions are commonplace in corporate America but we have expertise and discipline that sets us apart. From the moment we take ownership, we invest millions into growth and capital improvements, creating new jobs along the way. Live Ventures is not a trader, turnover machine, or private equity firm. We have never sold a single company we have acquired.
At Live Ventures, we don’t exploit weak businesses, we make businesses stronger.
1968
Company originally incorporated as Nuclear Corporation of New Mexico.
Company becomes yp.com, the first company to take the Yellow Pages online.
1996
2008
yp.com is sold to AT&T, and company changes name to LiveDeal Inc.
After years of failed starts, company nears bankruptcy and faces a delisting from Nasdaq.
2011
Q4 2011
Jon Isaac, through his private entity Isaac Capital Group makes an equity investment in LiveDeal, making him the largest stockholder.
Jon Isaac appointed as CEO of LiveDeal.
2012
2015
Company repositioned as a holding company and renamed to Live Ventures Incorporated; Company acquires Marquis Industries Inc. for $30 million.
Live Ventures Incorporated acquires Vintage Stock Inc. for $60 million.
2016
2017
Acquires ApplianceSmart, Inc. for $6.5 million
Live Ventures Incorporated completes another record year, up 31% with $200 million in revenue.
2018
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Operating one of the most advanced carpet mills in the industry, Marquis Industries designs, manufactures, sources and distributes both hard and soft floorcovering for the residential and commercial markets. From yarn extrusion to final product, Marquis Industries provides quality control through four wholly owned U.S. facilities.
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Vintage Stock, an award-winning entertainment retailer, sells new and pre-owned movies, classic and current generation video games and systems, music on CD & LP, collectible comics, books, toys, and more. Vintage Stock, through its stores and website, ships product worldwide directly to the customer's doorstep.
We have simple criteria for acquisition. Please contact us if you believe your company is a good candidate for our family of companies.
- Minimum pre-tax profits of $5 million annually
- Existing management teams in place
- Simple, easy to understand businesses
- Consistent and stable earnings