Toy market news

Asmodee to make strategic investment in Exploding Kittens

Asmodee, the leading worldwide platform in modern board games, has announced the signing of a strategic investment in Exploding Kittens, the hit tabletop game creator.

Exploding Kittens’ long-standing relationship with Asmodee dates back to 2016 when Asmodee first partnered with the company to distribute its games in Europe. Since then, the two companies have continued to strengthen their partnership with additional distribution and licensing relationships around the world. With this new strategic partnership, the two companies aim to leverage the Exploding Kittens teams’ creative talents and extensive US footprint with Asmodee’s vast array of 21 games studios and its global distribution network with a direct presence in more than 20 countries.

PJT Partners served as the sole financial advisor to Exploding Kittens on the transaction. The closing of the transaction is subject to customary conditions and approvals, and the companies expect the closing to take place before the end of 2021.