Coolabi acquires Indie Kids

Worst Witch and Fungus the Bogeyman creator snapped up by ambitious firm.
Publish date:
Social count:

Coolabi has acquired children's television development and production company Indie Kids as it looks to further diversify its portfolio.

Initial consideration will be £171,000 with deferred consideration of £129,000 to be paid over the year following completion and a further earn-out, subject to the achievement of certain levels of performance over a three-year period, capped at £1,700,000. It is expected that the acquisition will be earnings enhancing this financial year.

Indie Kids is well established within the business already, thanks to its work with The Worst Witch and Fungus the Bogeyman. The company is currently completing a 26-episode animated series of The Large Family, which is based on the Jill Murphy collection of books for broadcast by the BBC and TF1 in France later this autumn.

In addition, Indie Kids has continuing rights to produce further episodes of The Worst Witch and Fungus the Bogeyman, plus a portfolio of new projects in development.

"This is a good acquisition for Coolabi and fits perfectly with our stated acquisition strategy," said Jeremy Banks, Coolabi's chief executive.


Featured Jobs

Aardman Job Logo 620 x 349

Brand Manager (Maternity Cover)

Part of the brand team, The Brand Manager works closely with several members of the department, including Studio Publicist, Community Managers, Licensing, Sales and Attractions and Live Experiences teams to implement local and international strategies in the form of brand plans and maximising on all activity surrounding the properties.

Universal Job Logo 620 x 349

Senior Graphic Designer, EMEA - Consumer Products

Working in tandem with the Product Development team and reporting into the Design Manager EMEA, the purpose of this role is to drive forward our creativity across all licensed consumer products. As part of the creative team, you’ll be developing exceptional creative assets and product concepts for numerous NBCUniversal franchises that inspire licensing partners across the entire region.

SanrioJob Logo 620 x 349

Creative Manager

Best known for global icon Hello Kitty, Sanrio has a portfolio of more than 400 characters. We license a unique collection of branded gifts, stationery and fashion accessory items while collaborating with the most respected companies in the world. Our EMEA business coordinates the development licensing throughout Europe, Russia, Middle East, Africa, Asia (for Mr Men), Australia and New Zealand. An exciting, permanent opportunity has come up at our London office to lead our Design team as Creative Manager (m/f)

Vivid Job Logo 620 x 349

Digital Marketing Executive - Toys & Games

Vivid is Britain’s biggest toy company and the 20 largest in the world. With offices across the globe, they sell an amazing portfolio of toys and games to over 60 countries. Vivid is best known for its association with blockbuster brands and is very excited about future opportunities around the world.