Kartesia, the European specialist provider of capital solutions for small and mid-sized companies, today announces that it has provided a senior financing package of up to £41m to support Talenthouse AG with their acquisition of the remaining shareholding in Coolabi Group Ltd (Coolabi). Coolabi is a media group that specialises in creation, development and brand management of children’s and family intellectual property rights (IP).
Listed on the SIX Swiss Exchange, Talenthouse AG is a technology platform company leading a structural shift in the way that creative content is produced, employing a platform business model to source content at the scale and quality required to keep pace with consumer demand in the digital age. The company is registered in Switzerland and operationally headquartered in London with offices in LA, NYC, Berlin, Milan and Philadelphia.
Coolabi primarily generates royalties-based income from its portfolio of over 200 IPs that have been developed into a wide range of products, including an international best-selling book series, games, award-winning TV productions and licensed products.
The deal team at Kartesia comprised Laurent Bouvier, Guillermo Ferre, and Karan Patole.
Clare McKeeve, CEO of Talenthouse AG said: “We are grateful to Kartesia for helping to facilitate our acquisition of Coolabi, as well as supporting the Group’s exciting growth strategy. Media content, specifically children’s entertainment, is a fast growing area and Coolabi’s library of intellectual property ensures that it is well positioned as a market leader.”
Guillermo Ferre, Director at Kartesia, commented: “Coolabi’s extensive IP portfolio, sector tailwinds and motivated leadership team make this an excellent addition to Talenthouse’s thriving business. The nuances of the sector combined with our flexible financing options make Kartesia an excellent partner for Talenthouse and we’re excited to support the future potential of the company.”