Castle Placement Named Exclusive Placement Agent for National Rifle and Pistol Academy

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NEW YORK - April 25, 2019 - PRLog -- The National Rifle and Pistol Academy ("NRAPA") announced today that it has engaged Castle Placement as its exclusive placement agent to raise $46 million of debt and equity to build a 157,200 SF world-class law enforcement training facility in the Chicago area.

Located in Naperville, Illinois, the facility is expected to be the premier destination for advanced firearms training, retail and manufacturing, and a variety of shooting amenities. NRAPA team leaders have extensive experience in law enforcement and the firearms industry, and deep relationships with law enforcement agencies, gun manufacturers, distributors and national organizations.

The facility will provide a safe, clean, bright and HEPA filtered training environment with café/food services and meeting rooms to attract family and female participation. Comprehensive safety and compliance programs will be instituted to prevent injuries. With world-class amenities, it is expected to earn the NSSF (National Shooting Sports Foundation) Five-Star shooting range designation.

According to the CEO of NRAPA, Robert Beavis, the facility will be "a cross between a posh country club and a high-end retail store. Law enforcement precincts and agencies around the world are under-served in high quality professional firearms training, ranges, and retail firearm sales. NRAPA will improve this concerning situation by creating the premiere state of the art facility in the world, with advanced law enforcement training, high-end firearm retail and manufacturing, custom gunsmithing, virtual simulators, and high-tech pistol, rifle and indoor clay shooting ranges. No other facility in the Chicagoland area, nor the country, has the quality and diversity of services available here."

NRAPA is uniquely anchored by its strong relationships with law enforcement and the deep relevant experience of its senior management. The public expects firearm proficiency from its police officers and law enforcement. However, anecdotal evidence and data suggest that conventional gun ranges with standard shooting booths and unrealistic training methods are wholly inadequate.

"Police departments and law enforcement are seeking state-of-the-art facilities, ahead of the curve programs and training amenities to prepare officers for situations that reflect the real-world experience in which they must quickly decide what type of force is needed, and ultimately save lives," according to Beavis.

All members of the NRAPA management team are experts in their respective fields, and share a common passion for safety and skill. The instructors originate from federal and local agencies, the FBI, Homeland Security, FEMA, national training organizations and law enforcement- specific training programs.

About Castle Placement - (http://www.castleplacement.com/) Founded in 2009, Castle Placement raises equity and debt capital for private middle market companies across a broad spectrum of industries. Highly experienced investment bankers and a robust, data-driven, innovative technology platform – including artificial intelligence/machine learning – match great companies with global institutional investors. Castle Placement's proprietary app, CPGO, connects companies with investors in real time. It has over 64,500 private equity, venture capital and strategic investors, family offices, pension funds, foundations, endowments, sovereign wealth funds, hedge funds and lenders.

Contact
Castle Placement-Richard Luftig
rluftig@castleplacement.com
(212) 418-1181
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Tags:Investment Bank
Industry:Defense
Location:New York City - New York - United States
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