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Announced

Completed

Court Square completed the acquisition of Chauvet from Cortec.

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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Completed

Single Bidder

United States

appliances

electrical appliance

Electronic Components and Equipment

Acquisition

Domestic

Majority

Disposal

Private Equity

Private

Friendly

Synopsis

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Court Square, a private equity firm, completed the acquisition of Chauvet, a designer of branded entertainment, theatrical, broadcast and film lighting, controllers, and power products, from Cortec, a private equity firm. Financial terms were not disclosed. “Our investments in partnership with Albert Chauvet to broaden the leadership and commercial teams, build out a global infrastructure, and complete several strategic acquisitions, enabled management to dramatically grow the business. We enjoyed our close partnership with Albert and the leadership team and have conviction that Chauvet is exceptionally well-positioned for the future,”Scott Schafler, Cortec Founding Partner.

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