Catena Media Adds Germany-Facing iGaming Internet Network to Growing Portfolio
On line gambling-focused performance advertising company Catena Media today announced just one more acquisition deal that saw wheres the gold pokie app it purchase all iGaming affiliate assets of Delilah Holdings.
The transaction is anticipated to be completed by the end associated with the month. Under the terms of the deal, Catena Media is set to pay a €4.2 million upfront repayment upon the assets’ transfer. Delilah Holdings’ current owners are also entitled to a maximum earn-out wheres the gold jackpot of €2.24 million, centered on its assets’ revenue performance within the next year.
Delilah Holdings had been established back in 2011. It has the MrGamez.net and Spielekiste.de affiliate websites. Both internet sites target and promote online gambling options to German-speaking players, with Germany and Switzerland play wheres the gold free being their main areas of great interest. The organization has seen stable and growth that is considerable both jurisdictions in the last many years.
Catena Media stated in a press release from earlier today that it expects quarterly sales of around €300,000 plus an running margin of approximately 80% from the two affiliate websites.
Commenting in the deal, Catena Media CEO Robert Andersson said so it will wheres the gold cheats secure their business online casino wheres the gold with greater visibility in German-speaking iGaming areas and that it is part of their technique to strengthen their portfolio across Europe.
In the last couple of years, the prospecting company has extended its footprint in a number of jurisdictions, including the United States, through numerous purchases of iGaming affiliate internet sites and companies. Continue Reading