Limitless Venture Group Acquires Majority Stake in KetoSports, Inc.
January 14, 2020
Limitless Venture Group, Inc. (LVGI) has executed a term sheet to acquire a majority ownership stake in KetoSports, Inc., a pioneer in exogenous ketone supplements. The deal is intended to give LVGI immediate revenue and expand its presence in the ketogenic/sports-nutrition market; closing is subject to LVGI raising required capital under its ongoing Reg A offering.
- Buyers
- Limitless Venture Group, Inc., Summit Harbor Holdings (LVGI subsidiary)
- Targets
- KetoSports, Inc.
- Industry
- Consumer Products
- Location
- Illinois, United States
- Transaction Type
- Buyout
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