Tag Archive for Acquire

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Vida Divina Acquires Peruvian MLM, MIALÉ

by Team Business For Home • December 18, 2023 • 0 Comments

Vida Divina ® announces that it has finalized the acquisition of 100% of all the assets and fully taken over all operations of MIALÉ, a company with Headquarters in Lima, Peru.
Vida Divina Worldwide Inc., an influential multinational company and manufacturer of nutritional and lifestyle products, takes a bold step into the future by announcing the acquisition of MIALÉ, a leading Latin American multi-level marketing company headquartered in Lima, Peru, founded by entrepreneurs Christian Guevara and Roberto Guevara and with a portfolio of more than 25 products designed to improve people’s well-being.
The acquisition represents a strategic plan that promises to revolutionize the network marketing industry in South America and beyond. Vida Divina, which already has a global presence in more than 50 countries and with ten distribution centers worldwide, is now positioned to expand its reach and offer exceptional opportunities and products to an even broader audience.
Armand Puyolt, CEO of Vida Divina, expressed his enthusiasm for the acquisition:

“We have been working on adding multiple companies to our VIDA DIVINA® family for quite some time. We were drawn to MIALÉ due to their vision and desire for growth in the industry, and we are delighted to welcome them on board.”

Neftaly Pineda, COO

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Wakaya Perfection Acquire Nspire Network

by Ted Nuyten • November 11, 2018 • 0 Comments

Wakaya Perfection, LLC, direct marketer and purveyor of high impact and high status nutritional and weight loss products, announced the coming together of two indomitable organizations; Wakaya Perfection and Nspire Network.
Both the product line and independent distributor network of Nspire is now integrated into that of Wakaya Perfection, creating an organization that is definitively more than the sum of its parts. The resulting organization will accelerate the sharing of their collective messages of wellness and prosperity, with their collective product lines and distributor networks.
Founded in 20156, Nspire is the exclusive global distributor of the Cherish™ brand of sanitary napkins. Cherish uses a combination of proprietary technologies including a super-absorbent polymer making the products up to 10 times more absorbent than competitive products, and a negative ion strip that helps to reduce localized inflammation and neutralize bacterial growth and unwanted odor.
“The Cherish brand of products are the perfect door opener, as they are competitively priced and applicable to nearly a hundred million Americans monthly”
remarked Nspire Co-Founder and Global Director of Sales, Demond Coleman.
Wakaya Perfection President, William Andreoli followed with Nspire and Wakaya joining forces is the ultimate 1-2 punch for anyone concerned about their wellbeing and the negative impact from

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Stone Point Capital To Acquire LegalShield

by Ted Nuyten • March 1, 2018 • 0 Comments

LegalShield, the #1 subscription-based provider of legal plans and a leading provider of identity theft solutions, announced today that funds managed by private equity firm Stone Point Capital LLC (“Stone Point”) have entered into a definitive agreement to acquire a majority interest in LegalShield from funds controlled by MidOcean Partners (“MidOcean”).
The deal is expected to close in the second quarter of 2018. Financial terms of the transaction were not disclosed. LegalShield’s management will be co-investing alongside Stone Point and MidOcean, which is retaining a minority stake in the business. The current management team, business model and employee base are not expected to change with this investment. The Company’s headquarters will remain in Ada, Oklahoma.
LegalShield’s mission since its founding in 1972 is to provide access to affordable legal coverage for all members – no matter how traumatic or trivial the situation. LegalShield offers subscription-based plans for legal and identity theft services and has grown to become the #1 subscription-based provider of legal plans to families and small businesses across the U.S. and Canada.
The Company has a network of dedicated law firms in all 50 states and four Canadian provinces, with more than 39 provider law firms providing legal protection to over

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Coty Completes Acquisition of 60% Stake To Enter Into A Partnership With Younique

by Ted Nuyten • February 2, 2017 • 0 Comments

Coty Inc. (NYSE: COTY) announced today that it has completed the acquisition of a 60% stake in Younique, a leading online peer-to-peer social selling platform in beauty. In this new partnership, Younique’s Founders continue to own the remaining 40%.
Younique will operate as a separate business within Coty’s Consumer Beauty division. It will continue to be led by its current CEO, Derek Maxfield, Chief Visionary Officer, Melanie Huscroft, and Younique’s management team, in partnership with Coty.
Camillo Pane, Coty’s Chief Executive Officer, said,

“We are pleased to complete this transaction and partner with Younique to build a leading global e-commerce beauty company. We welcome Younique’s employees, presenters and customers to the Coty family.”

The transaction is expected to be immediately accretive to Coty’s top-line growth, EBITDA margin and FY17 earnings.
About Coty Inc.
Coty is one of

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Modere Announces Agreement To Acquire Jusuru International

by Ted Nuyten • January 18, 2017 • 0 Comments

Modere, the first social retailer to create a safe and forward-thinking approach to overall wellness, today announced that it has reached an agreement to acquire Jusuru International, Inc. (“Jusuru”), the company behind Liquid BioCell™, a new generation of nutraceuticals for healthy aging, active joints and younger-looking skin that has been backed by multiple clinical studies and seven U.S. and international patents. Terms of the transaction were not disclosed.
Modere offers a category-leading portfolio of live clean lifestyle essential consumer products. Its offerings include safe and effective products for health, wellness, beauty, personal care and household care, which are distributed through its innovative Social Retail model.
Modere is a portfolio company of Z Capital Partners, L.L.C., a leading alternative asset management firm with $2.2 billion in regulatory assets under management across complementary private equity

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Beauty Company Coty Intends To Acquire Younique For $600 Million

by Ted Nuyten • January 12, 2017 • 0 Comments

Coty Inc. announced today that it has entered into a partnership with the Founders of Younique, a Triple A+ classified opportunity By Business For Home – and a leading online peer-to-peer social selling platform in beauty.
Under the proposed agreement, Coty intends to acquire 60% of Younique while the Founders will own the remaining 40%. Younique’s Founder and current CEO, Derek Maxfield, and Chief Visionary Officer, Melanie Huscroft, will continue to lead the business in the new partnership.
Younique was founded in 2012 in the United States by siblings Derek Maxfield and Melanie Huscroft, with a mission to uplift, empower and validate women across the globe. Younique’s innovative makeup and skin care products are sold through its disruptive peer-to-peer e-commerce platform. This platform enables Younique’s community of independent presenters to leverage social media in