Bloomberg. The company retained investment bank Moellis & Company after receiving takeover interest, according to the report, which indicated that the price range is around $500 million, and the company earns $40 to $50 million per year before interest, depreciation, and amortization.
Cards Against Humanity had a tough year in 2020, with co-founder Max Temkin leaving the company’s management in the wake of allegations by former employees of a toxic work environment in the company’s Chicago office (see "CAH Partner Departs"). Cards Against Humanity bailed on a high-end Chicago board game café in September after Covid restrictions shut it down a month after it opened (see "CAH Sells Board Game Café").
Sales of the game are well off its peak in most stores, and the space it’s getting in mass merchants is down, but it’s still a significant contributor to sales in the adult party game category.
After Receiving Interest
Posted by Milton Griepp on August 2, 2021 @ 2:01 am CT