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 and activist investor Jon Isaac rescued LiveDeal from 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.
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.
Unlke the early days of LiveDeal Inc., Live Ventures is a thriving enterprise today, with nearly $18 Million in net profit in 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 private equity firm. We have never sold a single company we have acquired.
At Live Ventures, we don’t exploit weak businesses, we make them strong again.
02/15/2019 01:35 PM EST
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