Tikehau Investment Management has arranged, alongside European Capital, the EUR65m unitranche financing backing the acquisition of Asmodée by Eurazeo Capital.
Created in 1995 by Marc Nunès, Asmodée is an independent publisher and distributor of games and trading card games in Europe with operations in eight countries including the UK, Benelux, the US, and France where it is a key player.
The acquisition was completed in compliance with the terms disclosed on 12 November 2013, following approval from the European competition authorities. On one side, the transaction structure comprises equity, primarily provided by Eurazeo together with Asmodée’s management and founders for a total amount of EUR117.8m. In addition, a EUR65m unitranche debt has been arranged by Tikehau IM and comprises of a facility dedicated to financing the group’s external growth strategy.
Mathieu Chabran, co-founder of the Tikehau Group, says: “Tikehau IM is pleased to have worked alongside Eurazeo and Stéphane Carville, CEO of Asmodée, to provide a financing structure which is capable of matching the group’s present needs and future challenges. Our innovative and flexible approach encourages us to consistently adapt ourselves to provide the most appropriate solution to the companies we support.”
