Private equity firm Mason Wells, have acquired Buffalo Games, a manufacturer and marketer of jigsaw puzzles and board games, in a deal that closed in August.
Mason Wells, along with Nagendra Raina, CEO of Buffalo Games, and other members of the management team, acquired the business from founders, Paul and Eden Dedrick. Financial terms of the transaction were not disclosed.
Founded in 1986, Buffalo Games is a manufacturer of jigsaw puzzles in the U.S. and a publisher of party and board games. The company designs and manufactures puzzles at its Buffalo, New York headquarters. The Company has also developed a portfolio of board, table and party games including titles such as Watch Ya Mouth, Brain Games, The Voting Game, Skee-Ball, Silly Street, and Plingpong.
“This partnership with Mason Wells will continue to accelerate growth and open up new opportunities for us. Importantly, it will allow us to extend our strong innovation and growth platform, and further strengthen our deep relationships with our retailers, licensors & inventors,” said Raina.
Mason Wells is a Midwest-based private equity firm with approximately $1.0 billion in assets under management across its current private equity funds.
“We look forward to supporting the team as they continue to drive innovation and growth in the expanding puzzle and games categories,” said Ben Holbrook, Managing Director at Mason Wells.