In 2017, Black Legend Capital acted as a consulting advisor to YGM Group, a medical device e-commerce company headquartered in New York, NY. YGM Group specializes in providing medical devices through E-Commerce platforms. The company was expanding beyond e-commerce into further high growth and niche healthcare markets with their other two divisions, WellnessCodes and MedPod. The combination of its three divisions revolutionized the healthcare industry, by promoting the use of wearable electronic trackers, doctor-prescribed remote monitoring home kits, and sophisticated online integrators.
At the time of the transaction, YGM worked with a $10 billion company backed by Henry Schein to penetrate the medical industry.