Cortec Group invests in entertainment-equipment firm Chauvet

Cortec Group, the New York private equity firm, said that an affiliate 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 investment, made in partnership with Chauvet managers, weren't disclosed. The deal "is the second platform investment in Cortec Fund VI, a $1.1 billion fund that closed in May 2015," the firm said in a statement.

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