Catena Media Adds Germany-Facing Affiliate wheres the gold free pokie that is iGaming Network Growing Portfolio
On line gambling-focused performance advertising company Catena Media today announced yet another acquisition deal that saw it buy all iGaming affiliate assets of Delilah Holdings.
The deal is expected to be completed by the conclusion of the month. Beneath the terms of the deal, Catena Media is defined to pay a €4.2 million upfront payment upon the assets‘ transfer. Delilah Holdings‘ present owners will also be eligible for a maximum earn-out of €2.24 million, centered on its assets‘ revenue performance next wheres the gold characters year.
Delilah Holdings had been established back in 2011. The MrGamez is owned by it.net and Spielekiste.de affiliate wheres the gold feature sound internet sites. Both sites target and promote online gambling options to German-speaking players, with Germany and Switzerland being their primary areas of interest. The company has seen stable and growth that is considerable both jurisdictions over the past years.
Catena Media said in a press release from earlier today that it expects quarterly sales of around €300,000 plus an margin that is operating of 80% through the two affiliate websites.
Commenting on the deal, Catena Media CEO Robert Andersson stated that it is part of their strategy to strengthen free wheres the gold slot machine their portfolio wheres the gold free play across Europe that it will secure his company with greater exposure in German-speaking iGaming markets and.
Within the last two years, the to generate leads company has extended its impact in many jurisdictions, such as the United States, through numerous purchases of iGaming affiliate internet sites and systems.
Releasing its financial report for the quarter finished March free pokie games wheres the gold 31, 2017, Catena Media announced that it had 80,421 brand new depositing customers for the reported duration, up 149percent from the prior-year quarter and 20% through the quarter that is prior. The company reported revenue of €15.23 million for the reviewed 3 months, reflecting a rise free online casino slots wheres the gold of 104% from €7 vegas slots wheres the gold.5 million for similar amount of the previous year. 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 stated that it was particularly pleased with its first-quarter results and hailed AskGamblers as an example that is excellent of performing favorably since their purchase. The lead generation made free poker machines downloads wheres the gold gambling headlines spring that is last the purchase associated with the Serbian affiliate web site for the amount of €15 million. The deal became the one that is largest into the organization’s history and it has not been matched from the time.
An highlight that is important wheres the gold slot game Catena Media’s development and expansion strategy was the purchase of UK-facing affiliate website CasinoUK. The business announced a €10.6 million for the internet site in question. The deal had been regarded as another move that is important reference to Catena Media’s intends to expand and solidify its UK footprint.
The lead generation aristocrat wheres the gold download company has changed into one of the major motorists of the consolidation trend within the iGaming affiliate space.