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GlobeNewswire·

Live Ventures Honors the Life of Tim Bailey, Founder of Marquis Industries

  • Timothy Allen "Tim" Bailey, founder of Marquis Industries, passed away on September 6, 2026, at age 79.
  • Bailey established Marquis Industries in Dalton, Georgia, in 1997, growing it into a major carpet & flooring manufacturer employing approximately 475 people.
  • Live Ventures acquired Marquis Industries in 2015, a transaction described as pivotal in Live Ventures' history.
  • Bailey remained as leader after the acquisition to ensure a smooth transition before handing control to Co-CEOs Wes Godfrey & Chet Graham.
  • Live Ventures CEO Jon Isaac emphasized that Bailey built the company on integrity & sound judgment, calling him a cornerstone of the organization.
  • Current Co-CEOs Wes Godfrey & Chet Graham stated Bailey's legacy of caring for employees & keeping promises continues to guide Marquis operations.
  • Bailey was a U.S. Army veteran, certified public accountant, graduate of Augusta College & the University of Georgia, & a former principal of Grass & More.
  • Bailey is survived by his wife Rhonda, three children (Ashley, Katherine, Jason), & four grandchildren.
  • Live Ventures remains a diversified holding company headquartered in Las Vegas, Nevada.