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Announced

Completed

Cortec-backed Chauvet completed the acquisition of LynTec.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

electrical power solutions

audio systems

Electronic Equipment: Control and Filter

Acquisition

Domestic

Majority

Friendly

Private

Completed

Single Bidder

Private Equity

Synopsis

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Cortec-backed Chauvet, an innovator, developer, and manufacturer of lighting and control systems, completed the acquisition of LynTec, a supplier of electrical power solutions for lighting, video, and audio systems. Financial terms were not disclosed. “We not only value LynTec for its technology, we’ve also been very impressed by the company’s ongoing commitment to improving its products and level of service to customers. In this respect, it mirrors the same values that have powered the growth of Chauvet.” Albert Chauvet, Chauvet CEO.

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