Gigantic board group Asmodee is looking to sell their company for 2 Billion Euros ($2.3B USD). The owner of several publishers and Board Game Arena, among other things, has engaged Goldman Sachs (the largest Investment bank on the planet) to make the sale. The companies current VC Fund that owns the, PAI Partners, bought the company for 1.2 Billion euros in 2018.
The news was dropped by industry veteran Stephen M. Buonocore via twitter: https://twitter.com/PodfatherGaming/status/1441016235723010050
BREAKING NEWS; Asmodee being sold by PAI Partners (the current VC Fund that owns them) for a reported 2 BILLION EURO. Goldman Sachs (largest Investment bank on the planet) has been engaged to make this sale. WOW!— Stephen M. Buonocore (@PodfatherGaming) September 23, 2021
No details have come out from Asmodee directly but there have been scattered information from financial publications, mostly in French, across the web.
Board Game Quest (@Tony Mastrangeli) published a news story consolidating some of the sources and providing more details. You can see that article here - https://www.boardgamequest.com/asmodee-owners-looking-to-sell-company-for-2-billion-euros/
Asmodee has been going on a buying spree as of lately and it is interesting to see how this has evolved. Not only have they taken big steps in distribution, but they have also taken big steps to own the most popular intellectual properties in the board game world.