SELL-SIDE CO-ADVISOR
AMI Entertainment Network
M&A Advisory
A Portfolio Company Of
Has Been Acquired By
Transaction Details
• On December 14th, 2022, AMI Entertainment Network (“AMI”), a leading digital jukebox business that provides tech-driven in-venue digital music and video entertainment and advertising content to the bar and restaurant industries, announced that it had been acquired by Coral Tree Partners, a Los Angeles-based media and entertainment focused private equity firm, from The Gores Group, LLC, a global investment firm
• AMI operates a network of over 30,000 digital jukeboxes and video systems, delivering music, video and advertising content to patrons in venues throughout North America and the United Kingdom
• Financial terms of the transaction were not disclosed
About the company
AMI Entertainment Network
Music is at the heart of everything AMI Entertainment Network does. Founded in 1909 as an automated musical instrument company, AMI has spent more than a century developing hi-tech musical entertainment solutions for the bar, restaurant, and hospitality industries. With offices today in metro Chicago, Grand Rapids, and the UK, AMI and its network of business partners provide music and music video entertainment, as well as advanced digital advertising capabilities, to commercial businesses. For more information, visit www.amientertainment.com
Coral Tree Partners
Coral Tree Partners is a Los Angeles-based private investment firm focused on investments in the media, entertainment, and communications industries. The Coral Tree team has a successful investment history in private equity, with decades of experience investing in lower middle market transactions in its target sectors. Coral Tree seeks to partner with teams where it can use its experience and relationships to provide strategic insight and drive substantial value creation. For more information, visit www.coraltreelp.com
Source: Press Release
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