Catena Media Adds Germany-Facing iGaming Affiliate System to Growing Portfolio
On line gambling-focused performance marketing company Catena Media today announced just one more purchase deal that saw it buy all iGaming affiliate assets of Delilah Holdings.
The transaction is anticipated become finished by the finish regarding aristocrat free online pokies wheres the gold the month. Beneath the regards to the deal, Catena Media is placed to pay for a €4.2 million upfront payment upon the assets’ transfer. Delilah Holdings’ present owners may wheres the gold also be eligible for an earn-out that is maximum of million, considering its assets’ revenue performance over the following 12 months.
Delilah Holdings had been established back 2011. The free slots wheres the gold MrGamez is owned by it.net and Spielekiste.de affiliate websites. Both sites target and promote online gambling options to players that are german-speaking with Germany and Switzerland being their primary markets of interest. The organization has seen stable and considerable growth in both jurisdictions within the last many years.
Catena Media stated in a press release from earlier today it expects quarterly product sales of around €300,000 plus an margin that is operating of 80% from the two affiliate wheres the gold free pokies websites.
Commenting regarding the deal, Catena Media CEO Robert Andersson stated so it will secure their business with greater visibility in German-speaking iGaming markets and that it’s section of their technique free online pokies wheres the gold to strengthen their portfolio across Europe.
In the last 2 yrs, the to generate leads company has extended its footprint in a number of jurisdictions, such as the US, through numerous acquisitions of iGaming affiliate internet sites and systems.Read More