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CITTA Brokerage

The Deal

Bought By
Scott Sorenson
Year
2022
Vehicle
The Staverton Group, LLC, backed by Futaleufu Partners, Endurance Search Partners, WSC & Company, Trilogy Search Partners, Aspect Investors, Miramar Equity Partners and Hunter Search Capital
Kind
Services

An Ogden, Utah customs brokerage that does one thing: duty drawback, the refund an importer can claim on duties already paid when the goods are later exported. Its own site says the process is all it does.

What Happened Next

Trading under its own name: the seller's adviser announced the sale to his holding company on the last day of 2022 and names him as the person who created it to acquire and lead one business. Three backers name him chief executive of the company, and two of them put 2022 beside their own investment.

The exit ends of journeys like this one, where the buyer has announced the purchase itself, are on Buyers.

Backed by the Same Firms

Futaleufu Partners

Endurance Search Partners

WSC & Company

Trilogy Search Partners

Aspect Investors

Miramar Equity Partners

Hunter Search Capital

Method & Source

This record is double-sourced: it joined when the purchase and, where the company has traded on, the exit could both be read in primary accounts.