Gateley Plc’s Leeds office has completed the sale of sports media service company deltatre to US-based private investment company Bruin Sports Capital. A multi-disciplinary team led by Corporate partner David Armitage advised LMGR on the sale of its controlling stake in deltatre.
LMGR and its former private equity investment partner, Mediacontech, both sold their respective shareholdings in deltatre to Bruin.
The deal has seen deltatre acquired by Bruin, which focuses on international media, sports, marketing and branded lifestyle companies, for an undisclosed sum and a significant minority shareholding in the purchasing vehicle.
