The company that produces the card game Cards Against Humanity is evaluating a possible sale of the company, according to 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
MORE GAMES
'Bloodmoon Ursaluna ex Box'
October 9, 2024
The Pokemon Company International will release Bloodmoon Ursaluna ex Box , a new Pokemon TCG boxed set, into retail.
Showcases Cygnar Storm Legion and Khador Winter Korps Factions
October 9, 2024
Steamforged Games will release the Warmachine: Two Player Starter Set , a miniatures entry level set, into retail.
MORE NEWS
With a New TTRPG Based on a Popular Podcast
October 9, 2024
Monte Cook Games will release The Magnus Archives, a new TTRPG, into retail.
A New Tableau Building Game
October 9, 2024
Play to Z will release YRO, a new tableau building game, into retail.