Catena Media Adds Germany-Facing Affiliate that Wheres the gold online pokies is iGaming Network Growing Portfolio
Catena Media Adds Germany-Facing Affiliate that is iGaming Network Growing Portfolio
On line performance that is gambling-focused business Catena Media today announced just one more acquisition deal that saw it buy all iGaming affiliate assets of Delilah play wheres the gold online Holdings.
The transaction is anticipated to be completed by the finish of the thirty days. Under the terms of the deal, Catena Media is scheduled to pay a €4.2 Million payment that is upfront the assets’ transfer. Delilah Holdings’ present owners are eligible bet365 wheres the gold to a maximum earn-out of €2.24 million, based on its assets’ income performance within the next 12 months.
Delilah Holdings had been founded back 2011. It owns the MrGamez.net and Spielekiste.de affiliate internet sites. Both sites target and promote online gambling options to players that are german-speaking with Germany and Switzerland being their play wheres the gold free on iphone primary markets of interest. The organization has seen stable and considerable development in both jurisdictions in the last years.
Catena Media said in a press release from earlier today it expects quarterly product sales of around wheres the gold free €300,000 and an running margin of approximately 80% from the two affiliate websites.
Commenting in the deal, Catena Media CEO Robert Andersson stated that it is part of their strategy to strengthen their portfolio across Europe that it will secure his company with greater exposure wheres the gold 2 in German-speaking iGaming markets and.
The lead generation company has extended its footprint in a number of jurisdictions, including the US, through multiple purchases of iGaming affiliate websites and networks over the past two years.