Asmodee sponsor PAI Partners is said to have mandated Goldman Sachs and Natixis to organise the sale of France-based board games and puzzles business Asmodee Group, according to French daily L'Agefi.
EQT IX is expected to be 70-75% invested following the deal
Previous fund held a final close in 2012 with capital commitments of USD 840m
MoU marks LBO France's first foray into the Chinese market, with plans to open a local office
ECI bought the asset from Phoenix less than three years ago