Catena Media Adds Germany-Facing iGaming Affiliate Network to Growing Portfolio
On line performance that is gambling-focused company Catena Media today announced just one more acquisition deal that saw it purchase all iGaming affiliate assets of Delilah Holdings.
The transaction is anticipated to be finished by the conclusion play free online pokies wheres the gold associated with the month. Under the terms wheres the gold slot machine wins of the deal, Catena Media is scheduled to cover a €4.2 Million payment that is upfront the assets’ transfer. Delilah Holdings’ current owners will also be entitled to an earn-out that is maximum of million, considering its assets’ income performance over the following year.
Delilah Holdings was established back 2011. It owns the MrGamez.net and Spielekiste.de affiliate internet pokies wheres the gold sites. Both web sites target and promote online gambling options to players that are german-speaking with Germany and Switzerland being their primary markets of great interest. The business has seen stable and growth that is considerable both jurisdictions in the last many years.
Catena Media stated in a pr release from previous today so it expects quarterly sales of around €300,000 and an running margin of about 80% from wheres the gold slot online the two affiliate sites play wheres the gold on iphone.
Commenting regarding the deal, Catena Media CEO Robert Andersson stated it will secure his company with greater publicity in German-speaking iGaming areas and that it is part of their strategy to strengthen their profile across Europe.
The lead generation company has extended its footprint in a number of jurisdictions, including the US, through multiple purchases of iGaming online pokies australia wheres the gold affiliate websites and networks over the past two years.
Releasing its monetary report for the quarter ended March 31, 2017, Catena Media announced that play free pokies wheres the gold it had 80,421 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 evaluated 3 months, showing a rise of 104% from €7.5 million play wheres the gold free online for the same period 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 said that it was particularly content with its first-quarter outcomes and hailed AskGamblers as an excellent exemplory instance of assets doing definitely since their acquisition. The prospecting made gambling headlines spring that is last the purchase associated with the Serbian affiliate website for the wheres the gold real money total amount of €15 million. The deal became the one that is largest within the company’s history and has perhaps not been matched from the time.
An highlight that is important Catena Media’s development and expansion strategy ended up being bet365 casino wheres the gold the purchase of UK-facing affiliate website CasinoUK. The business announced a €10.6 million for the web site under consideration. The deal was seen as another move that is important reference to Catena Media’s plans to extend and solidify its British footprint.
The to generate leads company has changed into among the major drivers wheres the gold pokie machine free download associated with the consolidation trend in the iGaming affiliate space.