M&A Deal Summary

Virtual Medical International Acquires Cherry Valley Growers

On May 14, 2021, Virtual Medical International acquired agriculture company Cherry Valley Growers

Acquisition Highlights
  • This is Virtual Medical International’s 2nd transaction in the Agriculture sector.
  • This is Virtual Medical International’s 4th transaction in the United States.
  • This is Virtual Medical International’s 1st transaction in New York.

M&A Deal Summary
Date 2021-05-14
Target Cherry Valley Growers
Sector Agriculture
Buyer(s) Virtual Medical International
Deal Type Add-on Acquisition

Target

Cherry Valley Growers

New York, United States
Cherry Valley Growers is an industrial hemp cultivator and processor with a 400-acre parcel located in Otsego County, New York.

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Buyer(S) 1

Buyer

Virtual Medical International

Las Vegas, Nevada, United States
Category Company
Sector Information Technology
DESCRIPTION

Virtual Medical International, Inc. develops or acquires promising technology companies from around the world that specialize in data processing, warehousing, encryption, and analysis. Virtual Medical International, Inc. is based in is based in Las Vegas, Nevada.

DEAL STATS #
Overall 5 of 5
Sector (Agriculture) 2 of 2
Type (Add-on Acquisition) 5 of 5
State (New York) 1 of 1
Country (United States) 4 of 4
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-07 Gen X Fitness Water

Monterrey, Mexico

Gen X Fitness Water, is formulated with L-Carnitine Tartrate, a combination of carnitine and tartaric acid. Carnitine is a naturally occurring amino acid structure that helps keep the body’s cells powered and working efficiently. Found in nearly all cells of the body, L-carnitine’s primary function is breaking down fatty acids, converting them to energy. It also aids in the removal of waste products from the cells, preventing them from accumulating and causing muscle fatigue. Gen X Fitness Water comes in 500 ml individual, ready to drink servings. Each serving contains 1,000 mg of Gen X’s proprietary L-Carnitine Tartrate formulation to facilitate absorption and help boost energy and endurance, the burning of body fat for energy, increasing resistance, and aiding in recovery. Gen X Fitness Water is free of all doping substances and is lightly sweetened with natural stevia syrup and grape flavoring.

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