Citation Healthcare Labels, LLC Asset Profile

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Year established

1963

Location

Hauppauge NY US

Primary Industry

Packaging

About

Based in New York, US, Citation Healthcare Labels, LLC, formerly known as Citation Clinical Labeling Systems, was founded in 1963 by Martin Bolnick. The company provides clinical trial labels for pharmaceutical and biotechnology companies, clinical research organizations, and clinical packagers. The company employs around 100 employees. Citation Healthcare Labels, LLC is a subsidiary of AWT Labels & Packaging. The company manufactures clinical trial and pharmaceutical product labels such as multi-adhesive labels, scratch-off laminates, tamper-evident seals, expiry labels, and product information booklets. The company also offers label design, development, computerization and coding, and in-house manufacturing services. The company plans to expand their current capabilities and geographic footprint while continuing to provide the highest quality products to customers also to build upon their success by investing in assets, capabilities and the management team and continuing to deliver innovative packaging solutions through organic initiatives and acquisitions.

Current Investors

Advanced Web Technologies, Inc.

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Primary Industry

Packaging

Sub Industries

Commercial Printing, Pharmaceuticals, Packaging, Adhesives & Sealants

Website

www.citlabels.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Deals

Deals Type
Add-on

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)
Completed	Citation Healthcare Labels, LLC	20 Aug 2018

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