The Firmament Group, McLean Family Farms and Sweat Equities Invest in Citrus Extracts
Citrus Extracts specializes in dehydrating citrus peel primarily for use by food and beverage manufacturers
The Firmament Group, a provider of tailored debt and equity capital solutions to small- and medium-sized enterprises (SMEs), announced an investment in Citrus Extracts, LLC. Citrus Extracts specializes in dehydrating citrus peel primarily for use by food and beverage manufacturers. Headquartered in Fort Pierce, Fla., the company supplies organic and conventional citrus peel in a variety of forms to meet customer formulated specifications.
As a provider of bespoke capital solutions, Firmament made an investment in the company alongside McLean Family Farms and Sweat Equities, LLC. MFF is a family office that specializes in organic farming and investing in citrus related businesses. SE focuses on minority investments in food and beverage businesses with an emphasis in the plant based consumer products sector as well as ingredients. Specific terms of the transaction were not disclosed.