Catena Media Adds Germany-Facing iGaming Internet Network to Growing Portfolio
On the web performance that is gambling-focused company Catena Media today announced still another wheres the gold pokie download acquisition deal that saw it buy all iGaming affiliate assets of Delilah Holdings.
The transaction is anticipated become completed by the conclusion for the thirty play pokies online wheres the gold days. Beneath the terms of the offer, Catena Media is scheduled to cover a €4.2 million upfront payment upon the assets’ transfer. Delilah Holdings’ present owners are also eligible for a maximum earn-out of €2.24 million, predicated on its assets’ revenue performance next 12 months.
Delilah Holdings was founded back in 2011. The MrGamez is owned by it.net and Spielekiste.de affiliate internet sites. Both play free slots wheres the gold internet sites target and promote online gambling options to German-speaking players, with Germany and Switzerland being their primary markets of interest. The organization has seen stable and growth that is considerable both jurisdictions within the last several years.
Catena Media wheres the gold slot games on youtube stated in a press release from early in the day today that it expects quarterly sales of around €300,000 plus an margin that is operating of 80% from the two affiliate sites.
Commenting on the deal, Catena Media CEO Robert Andersson said that it will secure their company with greater exposure in German-speaking iGaming markets and that it’s part of their technique to strengthen their portfolio across play wheres the gold for free Europe.
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.
Releasing its economic report for the quarter finished March 31, 2017, Catena Media announced it had 80,421 new depositing customers for the reported period, up 149percent from the wheres the gold download prior-year quarter and 20% through the quarter that is prior. The company reported revenue of €15.23 million for the evaluated 90 days, reflecting a growth of 104% from €7.5 million for similar amount of the past 12 months. Operating profit totaled €6.6 million wheres the gold slot machine youtube, up 44% year-on-year. EBITDA amounted to €7.2 million, with EBITDA margin standing at 47%.
Catena Media stated it was especially content with its first-quarter results and hailed AskGamblers being an example that is excellent of performing definitely since their acquisition. The prospecting made gambling headlines spring that is last the purchase associated with Serbian affiliate website for the quantity of €15 million. The offer became the largest play wheres the gold pokies free one within the company’s history and it has perhaps not been matched from the time.
An highlight that is important Catena Media’s development and expansion strategy was the acquisition of UK-facing affiliate website CasinoUK wheres the gold slot machine free. The company announced a €10.6 million for the web site under consideration. The deal had been viewed as another move that is important reference to Catena Media’s intends to expand and solidify its UK impact.
The to generate leads company has converted into one of the major motorists associated with the consolidation trend inside the iGaming affiliate area.