Announced
Synopsis
Coral Tree Partners, a sports, media, and entertainment focused private equity firm, agreed to acquire a majority stake in DMC, a live sports production company, for €50m. “We are excited to bring Coral Tree on as a new partner in DMC’s growth. Their experience in US and international sports markets combined with the strong cultural connection between our organizations make them the perfect partner for us,” Paul Heitmann, DMC CEO.
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