Catena Media Adds Germany-Facing iGaming Affiliate Network wheres the gold pokies app to Growing Portfolio
On the web gambling-focused performance advertising company Catena Media today announced just one more acquisition deal that saw it purchase all iGaming affiliate assets of Delilah Holdings.
The deal is anticipated to be finished by the end of the month. Beneath real-money-casino.club the regards to the deal, Catena Media is defined to pay for a €4.2 million online casino wheres the gold upfront repayment upon the assets’ transfer. Delilah Holdings’ current owners may also be eligible to an earn-out that is maximum of million, centered on its assets’ revenue performance next 12 months.
Delilah Holdings was founded back in 2011. It owns the MrGamez.net and Spielekiste.de affiliate websites. Both internet sites target and promote online gambling options to German-speaking players, with Germany and Switzerland being their main areas of great interest. The company has seen stable wheres the gold slots app and growth that is considerable both jurisdictions wheres the gold jackpot within the last several years.
Catena Media said in a pr release from early in the day today that it expects quarterly sales of around €300,000 and an running margin of approximately 80% from the two affiliate sites.
Commenting in the deal, Catena Media CEO Robert Andersson said that it will secure their company with greater visibility in German-speaking iGaming areas wheres the gold free slots and that it’s element of their strategy to strengthen their profile across European countries.
Over the past 2 yrs, the lead generation company has extended its footprint in several jurisdictions, such as the US, through numerous acquisitions of iGaming affiliate internet sites and networks.
Releasing its economic report for the quarter ended March 31, 2017, Catena Media announced so it had 80,421 brand new depositing clients for the reported duration, up 149% through the prior-year quarter and wheres the gold cheats 20% from the quarter that is prior. The business reported income of €15.23 million for the reviewed three months, showing a rise of 104% from €7.5 million for the same amount of the play wheres the gold free 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 stated that it was specially quite happy with its first-quarter results and hailed AskGamblers being an example that is excellent of doing absolutely since their purchase. The to generate leads made gambling headlines spring that wheres the gold pokie app is last the purchase of this Serbian affiliate web site for the amount of €15 million. The deal became the wheres the gold app largest one within the organization’s history and it has not been matched ever since.
An highlight that is important Catena Media’s development and expansion strategy was the acquisition of UK-facing affiliate website CasinoUK. The organization announced a €10.6 million for the web site under consideration. The offer was viewed as another important move around in regards to Catena Media’s intends to extend and solidify its British impact.
The lead generation business has turned into free casino slots wheres the gold one of many major motorists associated with the consolidation trend in the iGaming affiliate space.