Action Target, a Provo, UT-based provider of shooting range solutions and services, received an investment from Praesidian Capital.
The amount of the deal was not disclosed.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Mike Birch, Action Target offers shooting range solutions and services. It is a provider of commercial ranges in the industry and is a recognized brand in the commercial, law enforcement and military markets.
Praesidian previously made a debt investment in Action Target in 2016 and currently has a portfolio company in the sports and outdoor industry, Powder Valley, a supplier of reloading components and other outdoor products.
FinSMEs
07/12/2023