Catena Media Adds Germany-Facing iGaming Internet Network to Growing Portfolio
Online gambling-focused performance marketing company Catena Media today announced just one more purchase deal that saw it purchase all iGaming affiliate assets of Delilah Holdings.
The deal is anticipated to be completed by the end of the thirty days 50 lions wheres the gold. Under the regards to the offer, Catena Media is set to cover a &euro wheres the gold poker machine;4.2 Million payment that is upfront the assets’ transfer. Delilah Holdings’ current owners will also be eligible to a maximum earn-out of €2.24 million, considering its assets’ income performance next year.
Delilah Holdings was established back 2011. It owns the MrGamez.net and Spielekiste.de affiliate internet sites. Both web sites target and promote online gambling options to German-speaking play wheres the gold online australia players, with Germany and Switzerland being their main areas of interest. The company has seen stable and considerable development in both jurisdictions over the past several years.
Catena Media said in a pr release from earlier today it expects wheres the gold slots free quarterly sales of around €300,000 plus an margin that is operating of 80% from the two affiliate websites.
Commenting regarding the deal, Catena Media CEO Robert Andersson stated so it will secure his company with greater visibility in German-speaking iGaming areas and that it’s part of their technique to strengthen their profile across European countries.
The lead generation aristocrat wheres the gold emulator 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 financial report for the quarter ended March 31, 2017, Catena Media announced it had 80,421 brand new depositing clients for the reported duration, up 149percent through the bet365 wheres the gold free play prior-year quarter and 20% through the previous quarter. The organization reported income of €15.23 million for the reviewed three months, showing a growth of 104% from €7.5 million for the same amount of the year that is previous. Running profit s town wheres the gold totaled €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 especially pleased with its first-quarter outcomes and hailed AskGamblers being an exceptional exemplory instance of assets performing definitely since their acquisition. The lead generation made gambling headlines final springtime with the purchase wheres the gold slot machine for sale for the Serbian affiliate web site for the amount of €15 million. The offer became the one that is largest within the organization’s history online pokies with wheres the gold and has now perhaps not been matched ever since.
An highlight that is important Catena Media’s development and expansion strategy ended up being the acquisition of UK-facing affiliate website CasinoUK. The organization announced a €10.6 million for the web site under consideration. The deal was wheres the gold slot secret regarded as another move that is important regards to Catena Media’s plans to expand and solidify its British impact.
The prospecting business has converted into one of the major drivers for the consolidation trend within the affiliate bet365 wheres the gold free play space that is iGaming.