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Announced

Completed

The Chernin Group-backed Asmodee completed an investment in Exploding Kittens.

Financials

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Transaction Value-
Consideration TypeCash
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EV/EBITDA-
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Tags

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Private Equity

Minority

Toys

United States

board games

Acquisition

Private

Friendly

Single Bidder

Cross Border

Completed

Synopsis

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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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