Spin Master recently announced the expansion of its games and puzzle-related inventor relations team, welcoming Ben Rathbone and Scott Brown. The expansion of this team builds upon Spin Master’s increased presence in the Games and Puzzles super-category.
Spin Master closed the acquisition of Perplexus on Nov. 30 at a purchase price of just over $9 million, plus annual performance-based payouts over the next five years. This announcement continues Spin Master’s efforts to build its games offering. In recent years, Spin Master has grown its Games and Puzzles business segment through the acquisitions of Cardinal Games, EG Games, and Marbles.