Isaac Capital Group, the private equity division of Isaac Organization, has acquired a stake in LiveDeal (NASDAQ: LIVE), investing $2 million in the company through a private placement. LiveDeal is a provider of web-based customer acquisition products that help small businesses target customers via online marketing. LiveDeal has appointed Jon Isaac, head of ICG, as its president and CEO for the not unheard of tech company salary of $1 per year.
