HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Topics » Recreation » Gaming (Group) » ASMODEE GROUP ON THE BLOC...

Sat May 12, 2018, 06:00 PM

ASMODEE GROUP ON THE BLOCK

https://icv2.com/articles/news/view/40377/asmodee-group-block

Eurazeo, the private equity firm that owns Asmodee Group, is exploring a sale of Asmodee at a price that could reach over €1.5 billion ($1.79 billion), Reuters reports. Asmodee Group owns Asmodee North America and its subsidiaries, as well as numerous game studios and distribution businesses in Europe. Reuters sourced the report from "people familiar with the matter." Eurazeo and Asmodee did not comment for the article.

Asmodee generated €100M (around $119 million) in EBITDA per year (earnings before interest, taxes, depreciation and amortization), according to the report, which would make the "could reach" price a fairly rich valuation for a privately held company.

Eurazeo acquired 83% of Asmodee in 2013 in a deal that valued the company at €143 million (see "Asmodee Acquires Days of Wonder", and set the company on an acquisition tear that has rolled up numerous distributors, game publishers, and game rights across two continents. Now it’s apparently time to cash out, with investment bankers reportedly hired to run the process.

0 replies, 868 views

Reply to this thread

Back to top Alert abuse

Reply to this thread