23 04 2016

Cortec Group invests in entertainment-equipment firm Chauvet

New York private equity firm Cortec Group has invested in Chauvet and Sons LLC, the Sunrise, Florida, developer of entertainment and lighting equipment with applications for clubs and theaters, concerts, corporate events, houses of worship and more. Terms of the transaction were not disclosed.


The Chauvet transaction is the second platform investment in Cortec Fund VI, a $1.1 billion fund that closed in May 2015. Founded in 1990 by Albert Chauvet and headquartered in Sunrise, Florida, Chauvet is a leading developer and marketer of branded entertainment and architectural lighting products, trussing, controllers and related equipment used in applications ranging from DJ, club, corporate events, hospitality venues, and houses of worship, to more demanding settings including concert tours, theaters, television and “architainment.” The Chauvet family remains a significant investor in the company. Jones Day advised Cortec Group in its investment in Chauvet and Sons LLC with a team led by partner Denise Carkhuff (picture) assisted by associate Ari Friedman. Involved fees earner: Denise Carkhuff - Jones Day; Ari Friedman - Jones Day;

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