What is Action Target?
Founded in 1986 and headquartered in Provo, Utah, Action Target is a comprehensive provider of shooting range technology. The company offers a full spectrum of services, encompassing engineering, manufacturing, range design, and installation. Action Target serves key markets including commercial entities, law enforcement agencies, and military divisions. Beyond its core infrastructure offerings, the company also designs advanced ventilation systems and provides specialized firearms training for its governmental and military clientele. The company's extensive history and integrated approach position it as a leader in its field.
How much funding has Action Target raised?
Action Target has raised a total of $13.5M across 2 funding rounds:
Debt
$11.5M
Debt
$2M
Debt (2016): $11.5M with participation from Praesidian Capital
Debt (2020): $2M led by PPP
Key Investors in Action Target
Praesidian Capital
Praesidian Capital is an innovative private equity firm that specializes in investing in lower middle market businesses across the United States and Europe. Established in 2002, the firm has invested over $800 million in various lower middle market companies and continues to seek new platform investments. Their focus is on identifying and supporting growth opportunities within this market segment. Praesidian Capital aims to partner with businesses that have the potential for significant development and expansion.
PPP
Public-Private Partnership
What's next for Action Target?
The recent major strategic investment indicates a phase of significant growth and potential expansion for Action Target. This capital infusion is likely to fuel advancements in their range technology, potentially broadening their market reach into new domestic or international territories. Furthermore, the investment may support the enhancement of their training programs and the development of innovative ventilation solutions, reinforcing their comprehensive service model. Action Target's focus on enterprise-level funding suggests a strategic push towards scaling operations and solidifying its market dominance.
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