Penn Arms Inc
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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 Type | 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Penn Arms Inc | - |
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