Innovative Artists Entertainment has received a strategic investment from Los Angeles-based private equity firm Coral Tree Partners.
Coral Tree takes a minority stake in the agency, which will continue to be led by Innovative Founder and CEO Scott Harris and his management team.
The investment from Coral Tree will help accelerate the Innovative Artists Entertainment’s expansion by enhancing the resources to support its agents and a growing roster of talent.
Harris and Coral Tree Founder and Partner Will Wynperle announced the deal today, which is designed to provide the agency with additional resources to further the company’s growth opportunities and expansion.
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