Transaction Leverages Substantial Market and Product
BOSTON SEPTEMBER 20, 2021 — MediaBridge Capital Advisors announced today that it served as the exclusive investment banking advisor to Kino Flo Inc., a Southern California based pioneer and leader in lighting systems and color science technologies focused on cinema and television production, in its acquisition by Chauvet & Sons, LLC. Chauvet is a leading global provider of professional lighting solutions ranging from concert touring to festivals, theater, broadcast, corporate and architectural applications.
“This represents an important step for our company in our ongoing mission to expand our broadcast, studio, and film lighting capabilities,” said Albert Chauvet, CEO of Chauvet. “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. 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.”
“Based on our shared longstanding commitment to our customers and cultural alignment, I am confident our customers will benefit from our new partnership,” said Frieder Hochheim, Founder of Kino Flo, who will continue to lead Kino Flo. “The combined solutions from Kino Flo and Chauvet have limitless possibilities.” Founded in 1987, Kino Flo has developed a series of color technology innovations and earned an award from the Academy of Motion Pictures Arts and Sciences for its development of cool, tube-based arrays with color corrected tungsten and daylight balanced light.
Mr. Hochheim remarked: “The MediaBridge team was essential in the negotiation and execution of this transaction. Their deep knowledge of the media technology sector and professional expertise was instrumental in guiding Kino Flo through the complexities of the acquisition process.”
Ethan Jacks, Managing Partner, and Rob Levy, Managing Director of MediaBridge, noted: “We were honored to represent Kino Flo, an iconic player in film in TV production, in this important transaction between two industry leaders. This highly strategic combination will spur game changing applications, including the new and exciting world of virtual production.”