Houlihan Lokey Advises Innovative Artists
Houlihan Lokey is pleased to announce that Innovative Artists Talent and Literary Agency, Inc. (Innovative Artists) has received a significant investment from Coral Tree Partners.
Innovative Artists is a leading talent and literary agency, representing a diverse roster of accomplished entertainment professionals. Founded in 1982 by Scott Harris and Howard Goldberg (before being rebranded as Innovative Artists in 1992), the agency boasts a rich and diverse roster of clients in the talent, literary, production, unscripted, comedy, appearance, broadcast, voiceover, commercial, and endorsement areas with offices in both Los Angeles and New York. The agency has cultivated a reputation as a premier talent agency representing actors, writers, directors, and creative artists across a wide spectrum of the entertainment business and has long prided itself on a highly personalized approach—providing exceptional and bespoke representation, which emphasizes career development and prioritizes client advocacy.
With a dedicated team of experienced agents, Innovative Artists has become a trusted partner to an expansive list of entertainment professionals navigating the evolving media landscape. The investment from Coral Tree Partners will help accelerate the company’s expansion by enhancing the resources to support its agents and a growing roster of talent.
In addition, the strategic relationship positions the agency to augment the breadth of service and representation it can offer at a time when the talent business is evolving to include a broader and wider array of interests and possibilities.
Coral Tree Partners is a Los Angeles-based private equity firm focused on investing in lower-middle-market companies within the media, entertainment, and communication sectors. The firm partners with management teams to drive growth and long-term value creation by leveraging its deep industry expertise and operational capabilities.
Houlihan Lokey acted as the exclusive financial advisor to Innovative Artists.
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