Live Ventures Incorporated

Live Ventures Incorporated (Nasdaq: LIVE) is a diversified holding company that acquires domestic middle-market companies. The company was founded in 1968 and focuses on well-run, closely held businesses with a history of earnings growth and cash flow generation, aiming to build stockholder value through a long-term buy-build-hold strategy. Live Ventures' current portfolio includes operating subsidiaries in the textile, flooring, tools, steel, and entertainment industries. These operating businesses are managed independently, with no centralized functions like sales or marketing, and minimal day-to-day involvement from corporate headquarters. Live Ventures' corporate management is responsible for major capital allocation decisions, investment activities, selecting CEOs for each operating business, and establishing and monitoring corporate governance practices.