Taylor Wessing advises Montefiore Investment and Asmodee Group on acquisition of Esdevium Games

Leading international law firm Taylor Wessing has advised Asmodee Group, the European leader in the distribution of board games and collectible card games, on the acquisition of a majority stake in UK game distributor Esdevium Games Limited. The acquisition was backed by Asmodee's existing Private Equity stakeholder, Montefiore Investment. Daniel Steel, the existing owner of Esdevium, will continue to play an active role and have a significant stake in the business.

Asmodee has made a number of acquisitions across Europe, making it one of the leading distributors of hobby games and card collectibles on the continent. The latest investment in Esdevium will create opportunities for both companies to expand their product lines and the markets in which they operate. Asmodee Group is already successful in the US, France, Germany, Benelux and Spain.

Taylor Wessing's Senior Partner Martin Winter and Private Equity Associate Carlos Gil Rivas advised Asmodee and Montefiore throughout the transaction, which completed on May 14th.

Martin Winter comments:

"We were very pleased to advise Asmodee Group and Montefiore Investment on this exciting acquisition. This is a good example of a portfolio company being backed by its private equity investor to continue to develop and grow its business across a number of geographies. We look forward to working with them in the future."

CFO Stéphane Carville and Partner Daniel Elalouf at Asmodee say:

We have been very pleased with the commitment and dedication of the Taylor Wessing team. They demonstrated a deep understanding of the situation, as well as flawless execution."

Lawyers Martin Winter

Notes to editors

For more information please contact Helen Needham at Taylor Wessing:

DDL + 44 (0) 20 7300 4156