(New York, NY) – Cortec Group (“Cortec”), a New York-based private equity firm that focuses on investing in and growing entrepreneur-led and family-owned middle market specialty consumer, business-to-business, distribution and healthcare services, and products companies, announced that Chauvet & Sons, LLC (“Chauvet”), a portfolio company of Group Fund VI, L.P. (“Cortec Fund VI”), acquired Kino Flo, Inc. (“Kino Flo”) on August 30, 2021. Kino Flo is the second acquisition completed by Chauvet since Cortec Fund VI’s investment. Terms of the transaction were not disclosed.

Founded in 1987 and headquartered in Burbank, CA, Kino Flo is an acclaimed designer and manufacturer of professional lighting equipment used in the film and broadcast markets. With over 40 employees (including an in-house engineering team), Kino Flo offers a broad array of production-quality LED lights, controllers and accessories to a global customer base spanning more than 30 countries.

Chauvet, founded in 1990 by CEO Albert Chauvet, is a leading designer of branded entertainment, studio, broadcast and film lighting and controller products used in applications ranging from concert tours to houses of worship, corporate and social events, theater, broadcast, film, television, mobile DJ, club, and architecture.

Albert Chauvet stated “This acquisition represents an important step for our company in our ongoing mission to expand our broadcast, studio and film lighting capabilities. Kino Flo has a longstanding tradition of innovation and a commitment to excellence, which makes the company an excellent fit with Chauvet’s own philosophy.” He continued, “We are excited to invest in the future of Kino Flo and build on their technologies, while adding resources to accelerate product development and commercialization. Our entire team looks forward to bringing Kino Flo’s product line and technology solutions to our global film, broadcast and livestream lighting customers.” Kino Flo’s founder, Frieder Hochheim, will continue to lead the company under Chauvet’s ownership.

Jonathan Stein, a Cortec Managing Partner, added, “We are excited to welcome Kino Flo to the Chauvet family. This is a win-win partnership strengthening Chauvet’s position in the global film, studio and broadcast markets, while Kino Flo will benefit from Chauvet’s outstanding sales, distribution and product development capabilities.” Cortec Founding Partner Scott Schafler added, “We are pleased to continue our support for Chauvet’s outstanding management – they have delivered robust organic and acquisition-driven growth and we’re looking forward to the collaboration of these two great teams.”

About Chauvet

Headquartered in the Sunrise, FL with offices in the U.K., Belgium, France, Germany and Mexico, Chauvet is a leading global designer and provider of intelligent LED lighting products for entertainment. The company has a diverse portfolio of brands and award-winning products that meet the needs of customers across all sectors of the lighting market. All brands under the Chauvet umbrella share a commitment to innovation, performance and value. More information about Chauvet can be found at www.chauvetlighting.com.

About Kino Flo

Located in Burbank, California, Kino Flo is a manufacturer of lighting systems engineered for cinema and television production. Kino Flo is known for production-quality lights designed to interface with cameras and provide proper color balancing for film, broadcast, digital video and high-end photography applications. More information about Kino Flo can be found at www.kinoflo.com.

About Cortec

Founded in 1984, Cortec invests in market-leading, middle-market specialty consumer, distribution, healthcare and specialty services and products businesses in partnership with entrepreneurs, families and management teams who want to work with Cortec to drive growth and improve business fundamentals. More information about Cortec can be found at www.cortecgroup.com.