Live Ventures Incorporated is a publicly traded company on the NASDAQ Capital Market. Formerly known as LiveDeal, Inc., our company was originally incorporated in 1968 as Nuclear Corporation of New Mexico.
In late 2011, our CEO, activist investor Jon Isaac, rescued LiveDeal from a near bankruptcy days before NASDAQ was due to delist it. We immediately brought in an aggressive new management team—with Isaac at the head—and a life-saving healthy flush of new capital. Together, our team began to rebuild LiveDeal into a highly successful competitor against mobile marketing heavyweights like Groupon and Living Social. The transformation surprised the industry with its speed. It took us mere months to build a coast-to-coast, high-volume business.
But that success was only step one in our vision for LiveDeal. Today, the former LiveDeal proudly wears the name Live Ventures. We have become a diversified holding company with the sole mission of delivering shareholder value by acquiring profitable, stable and growing companies.
Live Ventures is a thriving enterprise today, with nearly $18 Million in net profit for FY 2016, total assets of over $120 million, and approximately 1,200 employees across the United States.
Acquisitions are commonplace in corporate America, but we have a commitment 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 corporate raider. We have never sold a single company we have acquired.
At Live Ventures, we don’t exploit weak businesses, we make them strong again.
Marquis is a leading carpet manufacturer and a manufacturer of innovative yarn products, as well as a reseller of hard surface flooring products. Over the last decade, Marquis has been an innovator and leader in the value-oriented polyester carpet sector, which is currently the market’s fastest-growing fiber category. Since its founding in 1990, Marquis has built a strong reputation for outstanding value, styling, and customer service. Through its A-O Division, utilizes its state-of-the-art yarn extrusion capacity to market monofilament textured yarn products to the artificial turf industry.
Since its founding in 1980, Vintage Stock has established a strong reputation for being America’s largest entertainment superstore. The chain offers a large selection of entertainment products including movies, video games and music products, books, comics, toys and collectibles all available in a single location. Vintage Stock buys, sells and trades new and pre-owned products through 59 ‘Vintage Stock’, ‘Movie Trading Company’ and ‘EntertainMart’ retail locations across Texas, Idaho, Oklahoma, Kansas, Missouri, Colorado, Illinois, Arkansas and New Mexico.
We have a 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 companies
- Consistent and stable earnings