M&A Deal Summary

Byrna Acquires Mission Less Lethal

On May 13, 2021, Byrna acquired defense company Mission Less Lethal from Kore Outdoor

Acquisition Highlights
  • This is Byrna’s 1st transaction in the Defense sector.
  • This is Byrna’s 1st transaction in the United States.
  • This is Byrna’s 1st transaction in Indiana.

M&A Deal Summary

Date 2021-05-13
Target Mission Less Lethal
Sector Defense
Buyer(s) Byrna
Sellers(s) Kore Outdoor
Deal Type Divestiture

Target

Mission Less Lethal

Fort Wayne, Indiana, United States
Mission Less Lethal is a manufacturer of .68 caliber, shoulder-fired non-lethal launchers for law enforcement and other security professionals (both domestically and internationally).

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Buyer(S) 1

Buyer

Byrna

Andover, Massachusetts, United States

Category Company
Founded 2005
Sector Defense
Employees167
Revenue 86M USD (2024)
DESCRIPTION

Byrna is a technology company, specializing in the development, manufacture, and sale of innovative non-lethal personal security solutions. Byrna was founded in 2005 and is based in Andover, Massachusetts.


DEAL STATS #
Overall 1 of 3
Sector: Defense M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Indiana M&A 1 of 1
Country: United States M&A 1 of 3
Year: 2021 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-19 Ballistipax

Melbourne, Florida, United States

Ballistipax is a developer of single-handed rapidly deployable bulletproof backpacks. The company has developed its business (and have partnered with similar like-minded organizations) to deliver on a pledge to offer only the highest quality, proven, and ruggedly-dependable ballistic products to customers. Ballistipax is based in Melbourne, Florida.

Buy -

Seller(S) 1

SELLER

Kore Outdoor

Saint-Laurent, Quebec, Canada

Category Company
Founded 2010
Sector Consumer Products
DESCRIPTION

Kore Outdoor is a provider of manufacturer and distributor of paintballs, markers, and other paintball products. The company has also leveraged its expertise in softgel encapsulation to a wide range of industries including consumer products, nutritional and pharmaceuticals. Kore Outdoor was founded in 2010 and is based in Saint-Laurent, Quebec.


DEAL STATS #
Overall 1 of 1
Sector: Defense M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Indiana M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-24 KEE Action Sports

Sewell, New Jersey, United States

KEE Action Sports is a manufacturer and distributor of paintball products. The company offers goggles, markers, air systems, and paintballs.

Buy -