Catena Media Adds Germany-Facing iGaming Affiliate System to Growing Portfolio
On line gambling-focused performance marketing company Catena Media today announced yet another acquisition deal that saw it purchase all iGaming affiliate assets of Delilah Holdings.
The transaction is expected become finished by the conclusion of this thirty days free pokies online wheres the gold. Underneath the terms of the offer, Catena Media is placed to pay for a €4.2 million upfront repayment upon the assets’ transfer. Delilah Holdings’ current play pokies for free wheres the gold owners may also be entitled to an earn-out that is maximum of million, according to its assets’ revenue performance within the next 12 months.
Delilah Holdings had been established back in 2011. The 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 areas of interest. The organization has seen stable and considerable wheres the gold feature development in both jurisdictions in the last several years.
Catena Media stated in a news release from earlier today it expects quarterly sales vegas slots wheres the gold of around €300,000 and an margin that is operating of 80% through the two affiliate websites.
Commenting in the deal, Catena Media CEO Robert Andersson stated so it is part of their 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 wheres the gold pokies past two years.
Releasing its economic report for the quarter ended March 31, 2017, Catena Media announced it had 80,421 new depositing customers for the reported duration, up 149% through the prior-year quarter and 20% through the previous australian pokies online wheres the gold quarter. The organization reported income of €15.23 million for wheres the gold pokie app the evaluated 3 months, showing a growth of 104% from €7.5 million for the same period of the past year. Operating profit totaled &euro wheres the gold coast;6.6 million, up 44% year-on-year. EBITDA amounted to €7.2 million, with EBITDA margin standing at 47%.
Catena Media said it was specially quite happy with its first-quarter results and hailed AskGamblers as an exceptional exemplory instance of assets doing absolutely since their acquisition. The to generate leads made gambling headlines spring that is last the purchase of this Serbian affiliate site for the quantity of €15 million. The offer became free wheres the gold slots the one that is largest into the business’s history and it has maybe not been matched from the time.
An highlight that is important Catena Media’s development and wheres the gold free online pokies expansion strategy ended up being the acquisition of UK-facing affiliate website CasinoUK. The business announced a €10.6 million for the web site under consideration. The deal had been viewed as another move that is important relation to Catena Media’s plans to extend and solidify its UK footprint.
The to generate leads company has wheres the gold online pokies turned into among the major motorists associated with the consolidation trend inside the affiliate space that is iGaming.