Business
LiveToBeHappy, Inc. Announces its Third Acquisition, Adding RenuYou to its Health and Wellness Portfolio
LiveToBeHappy, Inc. Announces its Third Acquisition, Adding RenuYou to its Health and Wellness Portfolio.
About this update from Cavu Resources Inc.
[{"type":"text","content":"\n CHARLOTTE, N.C., Nov. 18, 2021 (GLOBE NEWSWIRE) -- LiveToBeHappy, Inc. (OTCM: CAVR, soon to be LTBH) (“LiveToBeHappy” or the “Company”), a land and community development company, today announced the acquisition of RenuYou, expanding on its efforts to promote an integrated lifestyle for housing, education, and wellness. Highlights: RenuYou is a Board Certified (BCIA) clinic, referred to patients by the Mayo Clinic, for the treatment, research, and development of Neurofeedback located in Tulsa, OKSeeks to help patients with a variety of conditions through advanced therapy that treats brain dysregulationPartnering with Dr. Christner, an acclaimed physician who serves as Medical Director for RenuYouIntends to open a division geared towards helping U.S. Veterans now that Neurofeedback has been approved by Veterans Affairs for treatment of Post Traumatic Stress Disorder (PTSD)Positioned for growth and expansion, with plans to establish offices throughout the Southern U.S. Kevin Vincent Cox, Chief Executive Officer of LiveToBeHappy, Inc., commented, “We are thrilled to add RenuYou to our portfolio of companies as a key component of our health and wellness offering. Neurofeedback is an exciting field in neuro-therapy that is helping people all over the world conquer brain dysregulation issues. Dr. Stephanie Christner, a highly acclaimed psychiatrist, will continue to lead RenuYou as its Medical Director. Finally, we specialize in treating a variety of disorders and intend to launch a division specifically geared towards helping U.S. Veterans, with a focus on PTSD solutions.” Grant Edwards, Chief Financial Officer of LiveToBeHappy, Inc. added, “This transaction will significantly contribute to LiveToBeHappy’s financial performance and further enhance shareholder value. On a trailing twelve-month basis, through September 30, 2021, RenuYou generated over $1.3 million in revenue and over $275 thousand in EBITDA. With our expertise and reach, we will continue to develop the operations and intend to add multiple locations throughout the Southern U.S. We are excited about the growth potential of RenuYou as it becomes part of the LiveToBeHappy portfolio.” About RenuYouRenuYou is a Board Certified (BCIA) clinic, referred to patients by the Mayo Clinic, for the treatment, research, and deve...