Penn Arms Inc

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.

Penn Arms Inc - overview

Established

1990

Location

-, PA, US

Primary Industry

Defence

About

Penn Arms Inc is a manufacturer specializing in less-lethal and tactical munitions for law enforcement and military clients, providing reliable solutions for safe engagement in various operational scenarios. Founded in 1990 and headquartered in the US, Penn Arms Inc designs and manufactures tactical munitions, including irritant and impact munitions. In June 2008, Point Lookout Capital Partners acquired Penn Arms, marking a significant change in ownership. Penn Arms Inc specializes in high-quality less-lethal and tactical munitions for law enforcement, military, and correctional institutions.


Their core products include irritant munitions such as CS and OC vapor grenades, along with flash-bang and sting-ball grenades for situation control. They also offer impact munitions like the Super-Sock® bean bags and sponge rounds, designed for crowd control and suspect apprehension. Their clientele primarily includes the U. S.


Army, Marine Corps, Navy, and various international security forces. Penn Arms generates revenue through direct sales of munitions and training services, catering to government and military contracts, as well as partnerships with law enforcement agencies. Their flagship products, like the Mini-Bang® flash-bang grenades and Super-Sock® bean bags, are essential tools in tactical operations, often bundled with training programs provided by the CTS Training Institute. With the support from the acquisition by Point Lookout Capital Partners, Penn Arms plans to expand its product offerings by designing new tactical munitions aimed at enhancing public safety.


The company is targeting growth into international markets, particularly in Europe and Asia, by 2025, to broaden its operational reach. Funding from the acquisition will be utilized to expedite product development and market entry strategies.


Current Investors

Point Lookout Capital Partners

Primary Industry

Defence

Sub Industries

Defence

Website

www.pennarms.com

Verticals

Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Penn Arms Inc - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedPenn Arms Inc-

Displaying 1 - 1 of 1

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.