Coral Tree Partners completed the acquisition of AMI Entertainment Network from The Gores Group.

Coral Tree Partners, a Los Angeles-based media and entertainment focused private equity firm, completed the acquisition of AMI Entertainment Network, a digital jukebox business that provides tech-driven in-venue digital music and video entertainment and advertising content to the bar and restaurant industries, from The Gores Group, a global investment firm. Financial terms were not disclosed. "AMI leads the industry in innovation and customer service, and we’re poised to continue this strong momentum as we expand into new areas. We are grateful to the Gores team for their support over the years as they have helped us build a strong foundation for future growth. Looking ahead, we are excited to leverage Coral Tree’s deep industry expertise for the benefit of our customers," Mike Maas, AMI Entertainment CEO.