Citation Capital Acquires Majority Stake in Cibo Vita
October 11, 2023
Citation Capital, a Dallas-based private equity firm, will acquire a majority interest in Cibo Vita, a Totowa, New Jersey-based better-for-you snack manufacturer. The founders, Emre Imamoglu and Ahmet Celik, will remain significant shareholders as Citation partners with management to accelerate growth and innovation; financial financing is being led by Wells Fargo, Bank of America and American Ag Credit.
- Buyers
- Citation Capital, LLC
- Targets
- Cibo Vita
- Sellers
- Emre Imamoglu, Ahmet Celik
- Industry
- Food & Beverage
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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