YOUNGSTOWN, Ohio — Valley Growth Ventures announced Wednesday that one of its original portfolio companies has been acquired by a New Jersey-based medical technology company.
Cleveland-based MedPilot was acquired by Vytalize Health, marking the first fund exit for a Valley Growth Ventures portfolio company.
“Valley Growth Ventures is very excited for this transaction. It has been a pleasure to work with the MedPilot team as an investor, but also to serve on the company’s board of directors,” said Ernie Knight, manager director of Valley Growth Ventures. “This is the first exit for the fund, which is a significant milestone. We look forward to the great things the combined company can accomplish.”
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Story excerpt provided by The Business Journal.
Written by Jeremy Lydic.
Originally published March 11, 2021.