M&A Deal Summary

Coral Tree Partners Acquires AMI

On December 14, 2022, private equity firm Coral Tree Partners acquired electronics company AMI from The Gores Group

Acquisition Highlights
  • This is Coral Tree Partners’ 1st transaction in the Electronics sector.
  • This is Coral Tree Partners’ 3rd transaction in the United States.
  • This is Coral Tree Partners’ 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2022-12-14
Target AMI
Sector Electronics
Buyer(s) Coral Tree Partners
Sellers(s) The Gores Group
Deal Type Secondary Buyout

Target

AMI

Bristol, Pennsylvania, United States
AMI is a developer, manufacturer, and marketer of touchscreen countertop entertainment systems and software. The company’s proprietary touchscreen systems contain a “jukebox” of interactive games centered on trivia, strategy, cards, and sports/action categories. AMI was founded in 1977 and is based in Bristol, Pennsylvania.

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Buyer(S) 1

DESCRIPTION

Coral Tree Partners is a specialist private equity investor focused on the media, communications, and entertainment sectors. The Firm looks to partner with mid-sized companies seeking a value-add partner where it can commit $15 to $100 million of capital. Prospective investment situations include buyouts, recapitalizations, and late-stage growth capital financings. Coral Tree Partners is based in Los Angeles, California.


DEAL STATS #
Overall 3 of 3
Sector (Electronics) 1 of 1
Type (Secondary Buyout) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 3 of 3
Year (2022) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-06 Loaded

Santa Monica, California, United States

Loaded is a gaming firm supporting talent, brands, developers, and new ventures with a mission to lead in the development, marketing, and growth of the gaming industry. Loaded is based in Santa Monica, California.

Buy -

Seller(S) 1

SELLER

The Gores Group

Beverly Hills, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 4.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION
The Gores Group's headquarters in Beverly Hills, California.
The Gores Group's headquarters in Beverly Hills, California.

The Gores Group is a private equity firm focused on acquiring controlling interests in mature and growing businesses. Gores considers investments across Europe and North America and typically seeks non-core assets of public corporations. While Gores is a generalist investor, the firm has a particular interest in technology, telecommunications, business services, and industrial companies. The Gores Group was formed in 1987 and has offices in Beverly Hills, California, and Boulder, Colorado.


DEAL STATS #
Overall 64 of 66
Sector (Electronics) 2 of 2
Type (Secondary Buyout) 13 of 15
State (Pennsylvania) 4 of 4
Country (United States) 50 of 52
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-23 GatesAir

Mason, Ohio, United States

GatesAir provides complete solutions for over-the-air radio and television broadcasting, leveraging wireless spectrum to maximize performance for multichannel, mission-critical services. Powering over-the-air networks worldwide with unparalleled reliability for 100 years, the company's turnkey solutions enable broadcasters to create, transport, and transmit radio and TV content. With customers in more than 185 countries, it leads the industry in innovation and design breakthroughs, improving efficiency and reducing the total cost of ownership with all products designed and assembled in the USA. GatesAir was formed in 1922 and is based in Mason, Ohio.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-25 US Farathane

Auburn Hills, Michigan, United States

US Farathane is a manufacturer and supplier of functional black plastic, interior, and exterior plastic components intended to innovate and pair with solid value. The company's manufacturing division designs highly engineered plastic injection-molded components in a variety of sizes and shapes and supply both functional and decorative parts to companies in the Automotive industry. US Farathane was founded in 1971 and is based in Auburn Hills, Michigan.

Sell -