08 Nov Catena Free pokies online wheres the gold Media Adds Germany-Facing iGaming Affiliate Network to Growing Portfolio
Catena Media Adds Germany-Facing iGaming Affiliate Network to Growing Portfolio
Online gambling-focused performance marketing company Catena Media today announced still another acquisition deal that saw australian pokies online wheres the gold it purchase all iGaming affiliate assets of Delilah Holdings.
The deal is expected become completed by the conclusion regarding the thirty days. Underneath the terms of the offer, Catena Media is placed to pay a €4.2 million upfront repayment upon the assets’ transfer. Delilah Holdings’ current owners are entitled to a maximum earn-out of €2.24 million, predicated on its assets’ revenue performance next 12 months free wheres the gold slots.
Delilah Holdings was founded back in 2011. It owns 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 being their primary markets wheres the gold free online pokies of great interest. The company has seen stable and considerable growth in both jurisdictions over the past many years.
Catena Media stated in a press release from previous today it expects quarterly product sales of around €300,000 and an margin that is operating of 80% through the two affiliate sites.
Commenting on the deal, Catena Media CEO Robert Andersson stated so it is part of their free pokies online wheres the gold strategy to strengthen their portfolio across Europe that it will secure his online casino with wheres the gold company with greater exposure in German-speaking iGaming markets and.
The lead generation company has extended its footprint in a number of jurisdictions wheres the gold coast, including the US, through multiple purchases of iGaming affiliate websites and networks over the past two years.
Releasing its monetary report for the quarter ended March 31, 2017, Catena Media announced that it had 80,421 brand new depositing customers for the reported wheres the gold feature duration, up 149% from the prior-year quarter and 20% from the quarter that is prior. The company reported income of €15.23 million for the reviewed 90 days, reflecting a rise of 104per cent from €7.5 million for the same amount of the year that is previous. Operating profit totaled €6.6 million, up 44% year-on-year. EBITDA amounted to €7.2 million, with EBITDA margin standing at 47%.
Catena Media wheres the gold pokies said that it was specially pleased with its first-quarter outcomes and hailed AskGamblers as an exceptional example of assets performing positively since their acquisition. The prospecting made gambling headlines final springtime with the purchase of this Serbian affiliate website for vegas slots wheres the gold the total amount of €15 million. The deal became the largest one into play pokies for free wheres the gold the company’s history and it has perhaps not been matched ever since.
An highlight that is important Catena Media’s development and expansion strategy was the acquisition of UK-facing affiliate website CasinoUK. The company announced a €10.6 million for the internet site under consideration. The offer ended up being regarded as another move that is important relation to Catena Media’s plans to extend wheres the gold online pokies and solidify its British footprint.
The prospecting company has turned into among the major drivers for the consolidation trend within the affiliate space that is iGaming.