Catena Media Adds Germany-Facing Affiliate that is iGaming Network Growing Portfolio
On line gambling-focused performance marketing business Catena Media today announced just one more acquisition deal that saw it purchase all iGaming affiliate assets of Delilah Holdings.
The deal is expected bet365 casino wheres the gold to be completed by the end associated with the thirty days. Beneath the regards to the offer, Catena Media is set to cover a €4.2 Million payment that is upfront the assets online pokies australia wheres the gold’ transfer. Delilah Holdings’ current owners are also entitled to an earn-out that is maximum of million, based on its assets’ income performance next 12 months.
Delilah Holdings was founded back 2011. It has the MrGamez.net and Spielekiste.de affiliate pokies wheres the gold websites. Both sites target and promote online gambling options to German-speaking players, with Germany and Switzerland being their primary areas of great interest. The organization has seen stable and growth that is considerable both jurisdictions in the last many years.
Catena Media said in a press wheres the gold slot machine wins release from earlier today so it expects quarterly sales of around €300,000 real-money-casino.club plus an margin that is operating of 80% from the two affiliate sites.
Commenting on the deal, Catena Media CEO Robert Andersson stated that 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 wheres the gold real money in a number of jurisdictions, including the US, through multiple purchases of iGaming affiliate websites play wheres the gold free online and networks over the past two years.
Releasing its economic report for the quarter ended March 31, 2017, Catena Media announced it had 80,421 brand new depositing customers for the reported period, up 149% from the prior-year quarter and 20% from the prior quarter. The business reported revenue of €15.23 million for the reviewed 3 months, reflecting an increase of 104per cent from &euro play free online pokies wheres the gold;7.5 million for similar amount of the year that is previous. Running 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 it was specially quite happy with its first-quarter outcomes and hailed AskGamblers as an exceptional exemplory case of assets doing positively since their acquisition play free pokies wheres the gold. The lead generation made gambling headlines final springtime with the purchase of this Serbian affiliate internet site for the amount play wheres the gold on iphone of €15 million. The deal became the one that is largest into the business’s history and contains not been matched ever since.
An crucial highlight in Catena Media’s development and expansion strategy had been the acquisition of UK-facing affiliate website CasinoUK. The business announced a €10.6 million for the web site in question. The deal was viewed as another move that is important reference to Catena Media’s intends to expand and solidify its UK impact.
The lead generation company has changed into one of the major drivers wheres the gold pokie machine free download associated with the consolidation trend within the iGaming affiliate area.