Asmodee Sold

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.”