Tag Archive for Acquisitions

DreamTrips International Acquires TRVL

DreamTrips International has acquired TRVL Ventures, a Georgia-based luxury travel MLM company. The announcement came Saturday, June 4, 2022.
DreamTrips International CEO Mark Smith says,
“The magic of this is the synergy of the deal. Sometimes there’s a perfect storm where environments exist where people can come together.”
TRVL was founded by Spencer Iverson, Jonathan Green, and Mark Sterling, who possess a long lineage with travel MLMs. They launched TRVL with a vision to develop a luxury lifestyle travel club and global brand with high-end appeal that catered to the masses.
They are now bringing their travel MLM expertise to DreamTrips International’s Advisory Council and working directly with Mark and Tammy Smith on the Advisory Council to grow DreamTrips International.
The acquisition of TRVL, a system-driven and training focused company, strategically advances DreamTrips International’s much anticipated July launch.
The deal gives TRVL sales representatives and customers access to the MLM industry’s largest collection of personalized travel experiences around the world known as “DreamTrips”, as well as DreamTrips International’s travel agency and global network of experienced hosts.
In addition, DreamTrips International’s well-seasoned, global travel platform instantly offers customers dozens of expanded travel options, as well as the opportunity for global business growth.
From left to right: Mark Sterling, Spencer

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Zinzino Acquires Enhanzz Global

Zinzino stated:
Zinzino acquires the company Enhanzz IP AG including IP rights to its brands HANZZ + HEIDII and YU. Enhanzz Global AG with its distributor organization and merchandise on hand are also part of the acquisition.
The business, which reported sales of approximately EUR 3 million in the previous year, is expected to create strong growth through the synergies that arise in the shared networks. The gross margins in the business are good and great profitability is expected from utilizing ZInzino’s existing technical platform and organization.
Zinzino will pay a fixed purchase price of EUR 1 million upon entry, divided into 75% cash and 25% newly issued Zinzino shares. There are also additional conditional purchase prices based on the sales development generated by the acquired distributor organization in the period 2022–2027.
The total additional purchase consideration is estimated to amount to EUR 2.5 million, but may, in case of a maximum outcome, amount to EUR 6.5 million which shall be 100% settled with newly issued Zinzino shares. The cash part of the purchase price is financed with own cash.
Sven Goebel CEO Enhanzz Global said:
ENHANZZ Global is excited to have concluded a merger with Zinzino AB, Gothenburg.
Zinzino is a USD 150 Mio+, publicly listed

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