Catena Media Adds Germany-Facing Affiliate that is iGaming wheres the gold slot secret Network Growing Portfolio
On line gambling-focused performance advertising company Catena Media today announced still another acquisition deal that saw it purchase all iGaming affiliate assets of Delilah Holdings.
The wheres the gold free play transaction is expected to be completed by the end associated with month. Under the terms of the offer, Catena Media is set to pay for a €4.2 million upfront repayment upon the assets’ transfer. Delilah Holdings’ current owners may also wheres the gold feature sound be entitled to a maximum earn-out of €2.24 million, predicated on its assets’ revenue performance next year.
Delilah Holdings had been founded back 2011. It has the MrGamez.net and Spielekiste wheres the gold characters.de affiliate internet sites. Both internet sites target and promote online gambling options to players that are german-speaking with Germany and Switzerland being their main areas of great interest. The organization has seen stable and growth that is considerable both jurisdictions within the last many years.
Catena Media stated in a pr release from early in the day today free pokie games wheres the gold it expects quarterly product sales of around €300,000 and an running margin of about 80% through the two affiliate sites.
Commenting on the deal, Catena Media CEO Robert Andersson said 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 in a number of jurisdictions, including free poker machines downloads wheres the gold the US, through multiple purchases of iGaming affiliate websites and networks over the past two years.
Releasing free online casino slots wheres the gold its financial report for the quarter finished March 31, 2017, Catena Media announced that it had 80,421 brand new depositing clients for the reported period, up 149percent from the prior-year quarter and 20% through the previous quarter. The organization reported revenue of €15.23 million for the reviewed 3 months, showing an increase of 104% from €7.5 million for the same amount of the previous year. Working profit free wheres the gold slot machine totaled €6.6 million, up 44% year-on-year. EBITDA amounted to €7.2 million, with EBITDA margin standing at 47%.
Catena Media stated that it was especially quite happy with its first-quarter results and hailed AskGamblers being an exemplary exemplory case wheres the gold free pokie of assets doing absolutely since their purchase. The to generate leads made gambling headlines last springtime with the purchase associated with Serbian affiliate internet site for the quantity of €15 million. The offer became the largest one in the organization’s history and it has 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 business announced a &euro wheres the gold slot game;10.6 million for the internet site under consideration aristocrat wheres the gold download. The deal had been viewed as another move that is important relation to Catena Media’s intends to expand and solidify its British footprint.
The lead generation business has converted into one of many major motorists regarding the consolidation trend within the affiliate space that is iGaming.