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Innovative Brand Group Acquires Medical Weight Loss Group

12-29-2022 08:41 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Innovative Brand Group

Innovative Brand Group Acquires Medical Weight Loss Group

Today, in connection with its stated strategy of becoming the leading provider of novel & effective weight management solutions, Innovative Brand Group ("Innovative" or the "Company") announced the acquisition substantially all of the assets of Medical Weight Loss Group Holdings("MWG"). Innovative, a holding company majority-owned by Van Dyke Acquisitions, a single family office with a track record of success operating and growing leading consumer goods businesses in the health and wellness sector, intends to combine MWG with its existing weight management and telehealth business, Healthy Weight Holdings ("HWH"). The Company intends to consolidate administrative functions and operate with one senior management team, but will continue to operate its existing facilities, which will include additional expansion, particularly in the Southeast.

As a leading provider of telehealth solutions, dietary supplements & novel technology for weight management, Innovative provides its customers not only the flexibility of both natural and pharmaceutical weight loss assistance but also industry leading telehealth solutions not frequently available to consumer. The acquisition of MWG expands Innovative's capabilities and geographic footprint while bringing an extensive customer base and adding a strong suite of services.

3200 Bailey Lane, ste 275
Naples, FL 34105
PR/News Inquiries Email: sarag@vdacq.com

About Innovative Brand Group
Innovative Brand Group was established to become the leading provider of novel & effective weight management solutions. The business draws on world class science, cutting edge programming, leading telehealth solutions and a deep and experienced team of formulators, chemists, natural product specialists, dietitians and medical professionals. The combination of the team and the broad array of services and solutions enable Innovative to provide unmatched service to its customer base. Innovative maintains the highest quality standards while delivering complex products that meet customers' needs.

About Van Dyke Acquisitions
Van Dyke is a single family office with a focus on private equity investments in the Healthcare sector. Over the past decade, VDA has completed over 50 transactions across the healthcare and consumer goods sectors. VDA leverages its unique blend of operating experience & opportunistic approach to build value and drive superior long-term performance alongside its portfolio company management teams.

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