Deal of the Year, Turnaround, 2016: Sun Capital Partners

body armor, vest, gun, Deal of Year, Turnaround, 2016
Alpha Elite vest from Point Blank Enterprises. Photo courtesy of Point Blank Enterprises
  • Company: Point Blank Enterprises
  • Legal advisor: Kirkland & Ellis
  • Financial advisor: BlackArch Partners
  • Sold company to JLL Partners for more than 3.5x multiple
  • Took EBITDA from a loss to a profit
  • Improved EBITDA by more than 600 pct
  • Won contract to supply NYPD with armor
In February 2015, the New York City Police Department announced it was awarding a contract to a company called Point Blank Enterprises Inc for 13,000 protective vests. The prestigious contract award was the culmination of a multi-year turnaround undertaken by Sun ...

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