Currently, Innovest Global, Inc. (OTC Pink: IVST)
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---Chagrin Safety Supply: a revenue-producing, business-to-business safety durable goods and equipment distributor with a 35-year history of success.
Sanavida: a telehealth company that provides on-demand healthcare services for a low-cost monthly subscription (no health insurance required). The platform is available in English and Spanish.
----Shepherd Energy Solutions: a commercial energy company that offers services to improve electrical efficiency, management, and cost reduction.
Innovest Global, Inc. (OTC Pink: IVST) has previously disclosed that it is in talks to acquire an auto retailer group out in the Midwest, which has annual revenue greater than $150 million. Management has also received a commitment letter to fund 100% of the potential acquisition. Currently, the deal remains in the due diligence stage, as management weighs the pros and cons of entering the auto retail market.
----Sanavida IVST Telehealth is the fastest growing sub-segment of the healthcare industry. According to market research firm, Frost & Sullivan, the telehealth industry is estimated to see a compound annual growth rate (CAGR) of 29.30% between 2016 and 2021. Furthermore, the market research firm sees telehealth going mainstream within the next five to seven years. Management also sees Sanavida as a potential solution to the current U.S. healthcare environment, which is threatened by astronomical insurance premium increases, national overhaul, and decreasing coverage. The Sanavida platform is capable of providing face-to-face online visits, 24/7 medical assistance, discounted medical visits, prescriptions, medical supplies, and mental health services all at a low-cost subscription.
Innovest Global, Inc. (IVST) Stock Research Links
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