Cortec Group has sold Chauvet & Sons, a provider of entertainment related lighting, control and power products, to Court Square Capital Partners. Chauvet is a provider of branded entertainment, theatrical, broadcast and film lighting, controllers, and power products used in applications ranging from DJ, club, corporate events, hospitality venues, and houses of worship, to more […]
Archives for November 2023
Sterling’s School of Rock Sold to Roark’s Youth Enrichment Brands
Sterling Partners has sold its portfolio company, School of Rock, to Youth Enrichment Brands, a portfolio company of Roark Capital. Youth Enrichment Brands (YEB) is a provider of youth activities with a program portfolio that includes youth camps, swim classes, and sports leagues to more than 700,000 children ranging from 2 to 18 years old. […]
Lincoln’s Private Market Index Increases Marginally on Higher Fundamental Performance
The Lincoln Private Market Index (LPMI), which tracks changes in the enterprise value of US privately held companies, increased by 0.8% during the third quarter of 2023. According to Chicago-headquartered investment bank Lincoln International, the increase was the result of persistent earnings growth but was partially offset by a decline in multiples. The LPMI’s increase […]
Great Range Hits the Hard Cap on New Fund
Great Range Capital has held a final close of Great Range Capital Fund III LP at its hard cap with $250 million of limited partner commitments. Great Range invests in Midwest-based companies that have revenues ranging from $20 million to $150 million and at least $3 million of EBITDA. Sectors of interest include niche manufacturing, […]
RidgeLake Invests in Gridiron Capital
RidgeLake Partners has made a minority investment in Gridiron Capital. RidgeLake was formed by OA Private Capital (Ottawa Avenue Private Capital) and Apogem Capital, a subsidiary of New York Life, as a platform to acquire non-control equity interests in middle market private equity firms. “RidgeLake’s investment and partnership with Gridiron will allow us to accelerate […]
