Founded in 1973, Point Blank is the largest provider of soft body armor to the U.S. military, is one of the largest providers to U.S. law enforcement, and serves a growing base of international customers. Point Blank's primary product is the tactical vest, with variations by end market based on user needs. Point Blank's premium Alpha Elite product is the lightest, most advanced bulletproof vest in the industry. The company also manufactures concealable vests and hard armor plates, in addition to selling third-party helmets, tactical shields and other ancillary products. Point Blank's production facilities are located in Pompano Beach, Florida and Santo Domingo, Dominican Republic.
Market Opportunity: JLL was attracted to the personal protection industry due to the diverse end markets for products, the stability of the law enforcement market, and the inflection point in the industry caused by troop drawdowns leading up to our investment.
Numerous Opportunities to Add Value: JLL is partnering with a management team that is focused on expanding supplier partnerships, optimizing operations and executing on growth objectives. In addition to new product introductions, Point Blank is also well-positioned to pursue acquisitions that enhance its capabilities in both existing and new geographies.