Capsalus Corp. (OTCBB:WELL) has completed the acquisition of the stock of GeneWize Life Sciences, Inc., the wholly owned direct-selling subsidiary of GeneLink Biosciences, Inc. (OTCBB:GNLK), a leader in consumer genomics. The deal will provide immediate revenues.
Nu Skin's acquisition of LifeGen Technologies further cements the relationship between the two companies and allows Nu Skin exclusive access to LifeGen's 30 years of study on anti-aging.
Pre-Paid Legal Services Inc. has provided families and small businesses with access to quality legal services for the past 40 years through a network marketing distribution channel.
Private Equity Continues to Reach Out to Direct Selling Industry. With strong consumer brands such as eBay®, Cranium®, Potbelly® and Shutterfly® already in their portfolio, executives at Maveron—a venture capital firm co-founded in 1998 by Howard Schultz, CEO of Starbucks.
When the news broke on Jan. 10 that Sequoia Capital, one of the most influential venture-capital firms in Silicon Valley, had invested $37 million in Stella & Dot, more than a few eyebrows were raised.
In the fall of 2009 Silpada Designs Co-Founders Bonnie Kelly, Teresa Walsh and Co-Founder and CEO Jerry Kelly began to consider partnerships that would help their sterling silver jewelry company continue to thrive for years to come.