Comvest Credit Partners Announces Investment in Vintage Stock, Inc., a Subsidiary of Live Ventures Incorporated
Live Ventures Incorporated (LIVE)
US:NASDAQ Investor Relations:
ir.live-ventures.com
Company Research
Source: GlobeNewswire
WEST PALM BEACH, Fla., June 25, 2018 (GLOBE NEWSWIRE) -- Comvest Credit Partners (“Comvest”) has acted as Administrative Agent and lender in providing a $24.0 million Senior Term Loan (the “Financing”) to Vintage Stock Inc. (“Vintage Stock” or the “Company”), a discount specialty entertainment retailer and subsidiary of Live Ventures Incorporated (NASDAQ:LIVE). The Financing was used primarily to refinance/paydown certain existing debt and to fund working capital growth. “We are excited to partner with Comvest. This Financing will strengthen Vintage Stock’s position as one of America’s largest, award-winning entertainment retailers,” said Jon Isaac, President and CEO of Live Ventures Incorporated, a publicly-traded holding company and the parent company of Vintage Stock. “The Company’s ability to produce consistent results in an evolving retail environment over the past several years is a testament to its strong management team and operations. We look forward to a long
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News
- Live Ventures Incorporated (NASDAQ:LIVE) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Live Ventures Reports Fiscal First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Live Ventures Reports Fiscal First Quarter 2024 Financial ResultsGlobeNewswire
- Live Ventures to Issue Fiscal First Quarter 2024 Financial Results and Hold Earnings Conference Call on February 8, 2024GlobeNewswire
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