October 22, 2017 2:08 PM ET

Diversified Consumer Services

Company Overview of 5LINX Enterprises, Inc.

Company Overview

5LINX Enterprises, Inc. provides home, wellness, and business products and services in the United States. Its home products and services include Platinum Discount Network, a discount program for its members; residential energy programs; home entertainment products, including Internet, fiber video, cable TV, and satellite TV, as well as PowerPlay2, a power accessory for Bluetooth-enabled devices; and home security systems. The company also provides Safeguard Services, which is a suite of personal services developed to protect personal identification, credit score, computer data, and electronic equipment; DataVault, an online backup service; ID Guard, an identity safety solution; SafeScore, a ...

275 Kenneth Drive

Suite 100

Rochester, NY 14623

United States

Founded in 2001

Phone:

585-334-2600

Fax:

585-321-5952

Key Executives for 5LINX Enterprises, Inc.

Founder, Chief Executive Officer and President
Co-founder and Executive Vice President of Marketing
Co-Founder and Executive Vice President of Sales
Compensation as of Fiscal Year 2017.

5LINX Enterprises, Inc. Key Developments

Chromadex Inc. Enters into Second Amendment to NIAGEN Supply Agreement with 5Linx Enterprises, Inc

Chromadex Inc. entered into a Second Amendment to NIAGEN Supply Agreement with 5Linx Enterprises, Inc. The amendment amends the NIAGEN supply agreement dated January 1, 2014, an addendum to the NIAGEN supply agreement dated June 26, 2014 and the first Amendment to NIAGEN supply agreement dated March 31, 2015. Under the terms of the supply agreement and prior amendments, 5Linx received marketing rights for NIAGEN for use in dietary supplements in melt format exclusively in the MLM sales channel in the U.S., Canada and the Philippines. The supply agreement specified that to retain exclusivity, 5Linx would need to purchase a minimum of $46 million of NIAGEN in years 2015 through 2017. The prior amendments granted exclusivity for energy shots as well and amended the minimum purchase amount required to retain exclusivity for NIAGEN to $21 million for the period from April 1, 2015 to March 31, 2017. Pursuant to the amendment, ChromaDex and 5Linx agreed to exclusivity for NIAGEN is granted only in the melt format in the MLM sales channel; and for years 2016 through 2017, 5Linx must take or pay $1.52 million of NIAGEN, and to retain exclusivity, 5Linx must purchase $4 million of NIAGEN.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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