Live Ventures Acquires Flooring Liquidators for $84 million

January 19, 2023

Live Ventures Incorporated (Nasdaq: LIVE) acquired Flooring Liquidators, Inc. and related subsidiaries for approximately $84 million in a transaction financed with cash, debt (including a $5 million note from Isaac Capital Group) and stock. The Modesto, California-based retailer and installer—operating 20 warehouse-format stores and retaining all ~625 employees—will remain managed by its existing team as Live Ventures expects the deal to materially increase revenues.

Buyers
Live Ventures Incorporated
Targets
Flooring Liquidators, Inc., Floorable, LLC, K2L Leasing, LLC, SJ &K Equipment, Inc.
Location
California, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.