Citation Corporation
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Citation Corporation - overview
Established
1974
Location
Novi, MI, US
Primary Industry
Industrial Machinery
About
Citation Corporation specializes in providing innovative solutions that enhance operational efficiencies and improve customer engagement across various industries. Their products are tailored for both small businesses and large enterprises, effectively addressing market needs. Founded in 1974 and headquartered in Novi, US, Citation Corporation focuses on delivering specialized services and products to its clients. The company has engaged in two major deals since its inception, reflecting its strategic growth initiatives.
Unfortunately, specific details regarding the founder's history and any changes in business strategy were not provided. Citation Corporation offers a diverse range of core products and services aimed at addressing specific market needs. Their offerings include innovative solutions designed to enhance operational efficiency, improve customer engagement, and streamline workflows across sectors such as technology, healthcare, and consumer goods. The company's main products are developed to cater to both small and medium-sized businesses as well as large enterprises.
Their geographical markets extend throughout North America, Europe, and parts of Asia, indicating a broad international reach. The company generates revenue through a combination of subscription-based services and direct sales of its flagship products. Client relationships are often established through long-term partnerships, initiated via direct negotiations. Revenue streams include annual subscriptions for software licenses, ensuring continuous access to updates and support, alongside one-time hardware purchases.
The pricing structure varies based on implementation scale and specific service levels selected by clients. Citation Corporation's future strategy includes the development of new products, though specific launch dates were not disclosed. The company is also targeting expansion into new geographic markets, including specific regions in Asia and Europe, with plans to initiate this growth within the next two years. Recent funding has allowed the company to solidify its existing operations, although further details on its allocation were not available.
Primary Industry
Industrial Machinery
Sub Industries
Industrial Machinery
Website
www.citation.net
Verticals
Manufacturing
Total Amount Raised
Subscriber access only
Citation Corporation - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Grede Holdings LLC | - | ||||||||
| Add-on | Completed | Aluminum die casting and machining operations of Citation Corporation | - | ||||||||
| Buyout | Completed | Castwell Products | - | ||||||||
| Buyout | Completed | Interstate Southwest Ltd. | - | ||||||||
| Public to Private | Completed | Citation Corporation | - |
Displaying 1 - 5 of 6
Citation Corporation - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.