Praesidian Capital, a provider of senior and subordinated debt capital for small and mid-sized companies, led an investment of $11.5 million in senior subordinated debt to support the balance sheet recapitalization of Action Target (ATI).

Provo, UT-based ATI provides a total shooting range solution for commercial, law enforcement and military ranges. ATI is the largest independent shooting range equipment provider in the U.S., with market share in excess of 50% of the commercial and law enforcement ranges.

“We are happy to be working with Action Target and Dubin Clark on this recapitalization,” stated Wes Owen, Praesidian managing director .

Praesidian Capital is a private investment firm focused on providing senior and subordinated debt along with growth capital to private lower middle market businesses in the U.S., UK, Germany and selectively in Northern Europe.