Talenthouse Acquires Coolabi

Coolabi Group, which has an IP roster that includes Clangers, Scream Street and Poppy Cat, has been acquired by the technology platform Talenthouse.

Talenthouse serves a community of 18 million-plus members and is at the forefront of the creator economy, specifically within the digital marketing and entertainment space. With their combination, Talenthouse and Coolabi plan to connect the IP and creator economy spaces, initially through gaming and in the metaverse.

Coolabi Group has created and licensed to publishers over 2,000 book titles across some 200 book series to publishers and actively manages the IP it creates.

Jeremy Banks, CEO of Coolabi; Tim Ricketts, COO of Coolabi; and Chris Snowdon, managing director of Working Partners, join creative, financial and advertising serial entrepreneurs Clare McKeeve, CEO of Talenthouse, and founders Maya Bogle and Roman Scharf on the leadership team.

McKeeve commented: “The team is thrilled to welcome Jeremy Banks and the Coolabi team into the Talenthouse family and combine their content generation capabilities and younger audience reach to supplement the 18 million members within Talenthouse’s community. We strongly believe that the acquisition will result in new routes to market and maximize our potential within existing international markets.”

Banks said: “We are pleased to be joining Clare McKeeve and the highly-regarded Talenthouse team through this acquisition. Their extensive, diverse and engaged creative community strongly ties into what we do here at Coolabi and our ambitions for the future. The merging of both groups will allow us to offer more of what we do best: create stories, brands and content that excites and entertains children across the globe.”