Coolabi completes management buyout

Investment from Edge will see firm de-list from AIM and go private.
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Specialist entertainment and media fund, Edge Performance has partnered with Coolabi's chief executive, Jeremy Banks, and the rest of the firm's management team, to complete a buyout and take the company private.

The deal will give Coolabi access to significant additional funds, which will allow the firm to invest in its current portfolio of brands, develop new properties and grow the business through strategic acquisitions.

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