Stena Adactum divests shares in DMC Production to Coral Tree Partners

Stena Adactum has agreed to divest a majority of its shares in DMC to Coral Tree Partners, a Los Angeles based sports, media, and entertainment focused investment firm, which in addition to the acquisition of shares from Stena Adactum has agreed to make an investment into DMC in support of DMC’s future growth.

Following the investment, Coral Tree Partners will become the majority owner of DMC.

DMC Production has established itself as one of the fastest-growing live sports production companies in Europe. Specializing in remote broadcast production, DMC optimizes sports broadcast operations by leveraging fiber networks and software-based solutions to minimize the need for onsite equipment and personnel, significantly reducing travel, shipping, personnel, and environmental costs. Stena Adactum has been the majority owner in the company, alongside founders and sports and media entrepreneurs.

Mannheimer Swartling advised Stena Adactum in the transaction.