Announced
Completed
Financials
Sources
Tags
Completed
Single Bidder
United States
appliances
electrical appliance
Electronic Components and Equipment
Acquisition
Domestic
Majority
Disposal
Private Equity
Private
Friendly
Synopsis
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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