Valentus founder and CEO Dave Jordan has sold the company to Paul Pearson.
How much Pearson bought Valentus for has not been disclosed.
When exactly the sale took place is unclear but top distributors were informed at Valentus’ Sioux Falls headquarters earlier this month.
The rest of Valentus’ distributor base received a “company update” on or around February 5th.
Over the last few days, Dave and Paul have been laying out the plans for the transition from Valentus Inc. to Valentus Global Inc.
It has been a beautiful handover of a loved and cherished company into the hands of the new owner and CEO, Paul Pearson.
Many exciting changes will be announced very soon!
You will see some changes happen within a few weeks, including new branding, new products, and new benefits for you as members.
Valentus Global Inc. will be taking the reigns and under the direction of the new CEO will be driving the company forward.
At least for now, it appears Valentus Global will continue to operate out of Sioux Falls, South Dakota.
As to what prompted Dave Jordan to sell Valentus, SimilarWeb recorded a significant decline in website traffic throughout 2022:
As of January 2023, 94% of Valentus’ website traffic originates from the US. The company is effectively dead elsewhere in the world.
Valentus Global’s new website is up but at present only provides additional information about the handover.
Paul is the owner of NutriSpark Ltd – Miracol Labs Ltd – CY Trading LTD and has more than 20 years of experience in the nutraceutical space.
Dave Jordan (right):
Paul is in a unique position to enhance an already strong product line and make it into a product line that will soon be the envy of the industry.
As I’ve stated many times, Valentus is Joyce’s and my legacy. This new direction ensures that the legacy will continue.
While it’s hard to let go, both Joyce and I know we’re doing the best thing for our beloved distributors and the people that love our products.
Valentus Global Inc will be another positive growth step for the company that we founded and love.
Paul Pearson:
When Dave Jordan approached me about improving the Valentus product line, I didn’t hesitate to say yes.
Now it’s an even bigger yes that Dave’s graciously allowing me to move the entire business to a new direction that we’re calling Valentus Global Inc.
As the owner of a world-class nutraceutical manufacturing facility, I know we can produce better-quality products than our competitors.
Valentus marketing credits Pearson as the formulator of many of Valentus’ products:
Valentus has somewhat a turbulent history within the MLM industry, particularly with respect to its products.
in 2017 Valentus was at the center of a counterclaim alleging
raiding, extortion and RICO violations
;
in 2017 Valentus’ then coffee supplier filed suit alleging they were
owed $3.18 million
;
in 2017 the UK
cracked down on the sale of Valentus products nationally
;
in 2019 Valentus’ coffee
tested posit
🤖 Quick Answer
Who is the new owner of Valentus?Paul Pearson, a formulator, has acquired Valentus from founder and CEO Dave Jordan. The acquisition details, including the purchase price, have not been publicly disclosed. Top distributors were notified at Valentus' headquarters in Sioux Falls, with the broader distributor base receiving updates in early February.
What changes are planned following the acquisition?
The transition to Valentus Global Inc. includes new branding, products, and distributor benefits. Specific changes are expected to be announced soon, with several modifications anticipated within weeks. The handover has been characterized as a smooth transition to new leadership.
🔗 Related Articles
- Agel Review: Gelceutical nutrient gels & autoship
- RegenaLife Marketplace Review: Generic ecom platform
- Ron Pope running CashFX Group’s “CFX Legacy” reboot?
- 6K Goal Review: Tripple Effect sister scam?
- David Wood hated David Sharpe’s guts for two years
