Live Ventures Acquires Precision Marshall (Precision Industries)

Live Ventures Acquires Precision Metal Works

July 24, 2023

Manufacturing

Live Ventures Incorporated (Nasdaq: LIVE) acquired Precision Metal Works, Inc., a Louisville, Kentucky-based metal stamping and value-added manufacturer, for approximately $28 million, including up to $3 million in earn-out consideration. The acquisition adds roughly $75 million in annual revenue, brings approximately 250 employees into Live Ventures’ steel/manufacturing segment, and is expected to be immediately accretive while providing synergies and growth capital to pursue electric vehicle and other end-market opportunities.

Live Ventures (via Precision Marshall) Acquires The Kinetic Co., Inc.

June 30, 2022

Manufacturing

Live Ventures Incorporated (Nasdaq: LIVE), through its subsidiary Precision Marshall, acquired all outstanding stock of The Kinetic Co., Inc., a 74-year-old industrial knife and wear-product manufacturer based in Greendale, Wisconsin, in a transaction valued at approximately $26 million. The deal was financed with a mix of third-party bank and seller debt, a sale-leaseback of real estate, and cash; Kinetic (≈100 employees) will operate as a standalone business and is expected to add roughly $20 million of annual revenue to Live Ventures' steel manufacturing segment.

PolyVision Acquires Marsh Industries

August 4, 2020

Manufacturing

PolyVision Corporation, an existing portfolio company of Industrial Opportunity Partners (IOP), acquired the assets of Marsh Industries, a New Philadelphia, Ohio-based manufacturer of visual display products. The add-on transaction will let PolyVision expand manufacturing capacity and geographic reach in North America, growing its architectural panel and educational display product offerings.

Live Ventures Acquires Central Steel Fabricators

May 17, 2024

Manufacturing

Live Ventures Incorporated (Nasdaq: LIVE) acquired Central Steel Fabricators, LLC (CSF), a Chicago-based manufacturer of specialized fabricated metal products serving data centers and the communications industry. The acquisition expands Live Ventures' Steel Manufacturing segment and positions CSF to benefit from ongoing investments in data center and communications infrastructure.

VIRTEX Enterprises (Insight Equity) Acquires Precision Technology, Inc.

December 18, 2019

Manufacturing

VIRTEX Enterprises, an electronic manufacturing services (EMS) company backed by Insight Equity, acquired a majority of the assets of Precision Technology, Inc. (PTI), a single-facility EMS provider in Plano, Texas. The add-on expands VIRTEX's NPI, ultra-low-volume and flex/rigid-flex assembly capabilities and strengthens its presence in the Texas aerospace and defense corridor.

Maysteel Industries Acquires Star Precision Manufacturing, Inc.

January 16, 2024

Manufacturing

Maysteel Industries, a portfolio company of Littlejohn Capital, acquired Star Precision Manufacturing, a full-service sheet metal fabrication and precision machining firm in Frederick, Colorado. Patriot Capital provided subordinated debt financing in support of the add-on acquisition, which expands Maysteel's manufacturing capabilities and geographic footprint in the Mountain West.