Posted at 05:25h
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Catena Media Adds Germany-Facing iGaming Affiliate Network to Growing Portfolio
On line performance that is gambling-focused company Catena Media today announced yet another purchase deal that saw play free slots wheres the gold it purchase all iGaming affiliate assets of Delilah Holdings.
The transaction is anticipated to be completed by the end of this month. Under the terms of the offer, Catena Media is defined to cover a €4.2 million upfront repayment upon the assets' transfer. Delilah play pokies online wheres the gold Holdings' current owners are eligible for a maximum earn-out of €2.24 million, centered on its assets' income performance next 12 months.
Delilah Holdings was established back 2011. The MrGamez is owned by it.net and Spielekiste.de affiliate internet sites. Both internet sites target and promote online gambling options to players that are german-speaking with Germany and Switzerland being their main markets of great interest. The business has seen stable and wheres the gold slot machine free considerable growth in both jurisdictions over the past years.
Catena Media said in a pr release from earlier in the day today that it expects quarterly product sales of around €300,000 and an margin that is operating of 80% through the two affiliate sites.
Commenting in the deal, Catena wheres the gold download Media CEO Robert Andersson said so it is part of their play wheres the gold pokies free strategy to strengthen their portfolio across Europe that it will secure his company with greater exposure 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.