First Citizens Bank Provides $10 Million to FitLife Brands, Inc. for Acquisition of MusclePharm
Summary
"We appreciate working with the knowledgeable team at First Citizens on financing to support our acquisition of MusclePharm," said , Chairman and CEO of FitLife. "MusclePharm is an iconic brand with strong domestic and international appeal and a complementary product offering, and we expect this acquisition to drive continued growth for our company. "We look forward to supporting FitLifes future endeavors as they continue to advance in the sports nutrition and wellness industry. The business offers deposit solutions, loans, treasury services and other banking products to manufacturers, distributors and a wide variety of service industries.About First Citizens BankFirst Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts. Headquartered in , and now celebrating the 125th anniversary of its founding, First Citizens has built a unique legacy of strength, stability and long-term thinking that has spanned generations.