Capstone Headwaters Advises Vintage Stock on the Closing of a $24 million Term Loan

June 25, 2018

Denver, CO – Capstone Headwaters has advised Vintage Stock, Inc., a subsidiary of Live Ventures Incorporated (Nasdaq: LIVE), on the placement of a new $24 million senior secured term loan, the proceeds of which were used to refinance an existing second lien term loan.  Capstone Headwaters served as the sole financial advisor on the placement of the new loan with Comvest Credit Partners, a direct lending firm that provides flexible financing solutions to middle-market companies.

Founded in 1980 and based in Joplin, Missouri, Vintage Stock is an award-winning entertainment retailer that sells new and pre-owned movies, classic and current generation video games and systems, music on CD & LP, collectible comics, books, toys, and more.  Live Ventures is a diversified holding company with several wholly owned operating subsidiaries in a variety of industries including manufacturing, customer service, and specialty retail.  

Read More