Announced
Completed
Financials
Tags
Private Equity
Minority
Toys
United States
board games
Acquisition
Private
Friendly
Single Bidder
Cross Border
Completed
Synopsis
The Chernin Group-backed Asmodee, a board games manufacturer, completed an investment in Exploding Kittens, a manufacturer of card games. Financial terms were not disclosed. "Exploding Kittens has been a long-time partner of ours, combining amazing creativity and innovation capabilities and the ability to reach a wide audience. We are thrilled to join the Co-founders and The Chernin Group as shareholders of the business, which will enable us to strengthen our go-to-market strategy in the U.S. and more closely collaborate on game design,” Stephane Carville, Asmodee CEO.
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