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

June 30, 2022

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.

Buyers
Live Ventures Incorporated, Precision Marshall
Targets
The Kinetic Co., Inc.
Platforms
Precision Marshall
Industry
Manufacturing
Location
Wisconsin, United States
Transaction Type
Addon

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