Asmodee Sold
Game Information
PAI Partners, a private equity group, has entered exclusive discussions to acquire Asnodee €1.2bn. A formal announcement of the purchase is expected soon.
The acquisition of Asmodee would be the first investment made by PAI Europe VII, which reached a successful final close at €5.1 billion in March 2018 after less than six months of active marketing.
In a press release, PAU Partners said that "PAI intends to support the current management team in its plans to grow the business further through international expansion both organically and by acquisition."
Gaëlle d'Engremont, Partner at PAI Partners, added, "We are excited by the company’s growth prospects, which include further developing Asmodee’s position in the core hobby gaming market and successfully diversifying the group’s main brands onto other platforms. We look forward to working together to deliver on our ambitious objectives.”
Here’s hoping that’s not the case, but that’s what did in Toys R Us.
Don’t care much about Big Gaming Inc and frankly the industry fracturing back into a cottage industry might be a welcome change for buyers. But anyone working at Asmodee can’t be thinking this is a good turn of events.
I’d love to see Plaid Hat and Space Cowboys go back to being standalone companies that aren’t beholden to P/L charts and investor demands.
I think the only one who will make it out of this comfortably is CP who took his buy out earnings of FFG and reinvested it to be the big wig of Asmodee NA.
As is usual in these sorts of things. :/
cranberries wrote: So will this sale decrease the availability of any good games? Are there any publishers that *weren't* acquired by Asmodee?
Asmodee has:
Fantasy Flight
Z-Man
Plaid Hat
Space Cowboys
Days of Wonder
Mayfairs titles
I don't think it will decrease the availability of good games. They have mostly just been riding these brands cash cows these past few years anyway.
cranberries wrote: So will this sale decrease the availability of any good games? Are there any publishers that *weren't* acquired by Asmodee?
Steve Jackson Games and Twilight Creations.
We’re doomed.
Michael Barnes wrote:
cranberries wrote: So will this sale decrease the availability of any good games? Are there any publishers that *weren't* acquired by Asmodee?
Steve Jackson Games and Twilight Creations.
We’re doomed.
Stronghold
Gale Force Nine
AEG
GMT
Academy Games
Level 99
DVG
Victory Point
Renegade
IDW
CMON
Columbia
WizKids
Wizards of the Coast/Avalon Hill
Games Workshop
Pegasus Spiele
Gamelyn Games
Flying Frog
Greater than Games
USAopoly
Cryptozoic
Ares
Upper Deck
Plan B
Mondo...
That’s just off the top of my head. There’s hundreds of publishers.
Yeah, I don’t think there is anything for board game consumers to worry about. And even if PAI closed up shop on all their brands tomorrow, other publishers would buy the cash cow titles.