Bruin Capital is revisiting plans for a possible sale of its media and technology company Deltatre, according to people familiar with the matter.
The sports and entertainment group is working with Evercore Inc. as it weighs options for Deltatre, the people said, asking not to be identified discussing confidential information. Deltatre could be valued at about $1 billion, one of the people said.
Deltatre is a streaming-services provider to big names in sports and entertainment, including the National Football League, UEFA and Discovery Inc., allowing them to cut out middlemen and offer content directly to consumers.
Read more: BNN Bloomberg
Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.