DALLAS, Oct. 16, 2013 /PRNewswire/ -- CVSL Inc. [stock symbol: CVSL] announced today that it has successfully closed the transaction to acquire Tomboy Tools, a U.S.-based direct seller of a line of tools designed for women as well as home security monitoring services.
Tomboy Tools signed a letter of intent to become part of CVSL on July 12 and signed a definitive agreement on September 3.
About CVSL (www.cvsl.us.com)
CVSL Inc. is an innovative public company pursuing a strategy of gathering together multiple companies in the direct selling, or micro-enterprise, sector. Each company maintains its own separate brand identity, leadership and product line, while achieving efficiencies through sharing of back office resources and best practices.
In addition to Tomboy Tools, CVSL companies currently include The Longaberger Company, Your Inspiration At Home and Agel Enterprises. CVSL also has signed a letter of intent to acquire Golden Girls.
SOURCE CVSL Inc.