Sun Capital's PPE Adds On Paraclete

Sun Capital Partners-backed Protective Products Enterprises has acquired Paraclete Armor and Equipment, the ballistic vest business of MSA (NYSE: MSA). The transaction does not include MSA's ballistic helmets business. PPE designs, manufactures and markets ballistics protection products for personnel and vehicles in the military and law enforcement markets. The company was acquired by Sun Capital in February 2010.