Live Ventures acquires four flooring brands from Q.E.P. for ~$10M; doubles Marquis Industries salesforce

LIVE VENTURES Inc

Acquired Harris Flooring Group brands (Harris, Kraus, Naturally Aged Flooring, Heritage Mill Wood Flooring) from Q.E.P. for ~$10M.
Doubles Marquis Industries' salesforce; Q.E.P. employees and sales reps to be retained.
CFO David Verret: salary to $325K (from $275K), bonus to 45% of salary (from 40%), term extended to Jan 2028.
Deal expected to be synergistic and add significant revenues to Marquis Industries.

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