The company behind Cards Against Humanity is considering a potential sale, according to a new report. Bloomberg is reporting that the Chicago-based Cards Against Humanity, LLC, which created and produces the popular party card game, has hired an advisor after receiving potential takeover interest. The advising firm, Moelis & Co., is known for providing strategic advice regarding potential sales and has worked with major clients such as Anheuser-Busch, Yahoo, and Hilton Hotels regarding potential purchases and sales. According to Bloomberg, Cards Against Humanity, LLC is seeking a company valuation of $500 million if purchased by another company. The report did not specify the potential buyer of the card game, which can be found in game stores and major retailers like Target and Barnes & Noble’s. Per Bloomberg, Cards Against Humanity has an EBITDA (earnings before interest, taxes, depreciation and amortization) of between $40 million and $50 million a year.
