Catena Media Adds Germany-Facing iGaming Affiliate System to Growing Portfolio
On the web performance that is gambling-focused company Catena wheres the gold pokies app Media today announced yet another acquisition deal that saw it buy all iGaming affiliate assets of Delilah Holdings.
The deal is expected become finished by the finish of the month. Under the terms of the deal, Catena Media is placed to pay for a €4.2 million upfront payment upon the assets’ wheres the gold free pokies transfer. Delilah Holdings’ current owners are eligible for a maximum earn-out of €2.24 million, according to its assets play wheres the gold free’ income performance over the following 12 months.
Delilah Holdings had been established back 2011. It has the MrGamez.net and Spielekiste.de affiliate websites. Both sites target and promote online gambling options to German-speaking players, with Germany and Switzerland being their primary wheres the gold jackpot markets of interest. The organization has seen stable and considerable growth in both jurisdictions over the past years.
Catena Media stated in a pr release from earlier today that it expects quarterly sales of around €300,000 and an operating margin of approximately 80% from wheres the gold pokie app the two affiliate websites.
Commenting in the deal, Catena Media CEO Robert Andersson said that it will secure their business with greater exposure in German-speaking iGaming markets and that it’s element of their wheres the gold slots app strategy to strengthen their profile across European countries.
Within the last two years, the to generate leads company has extended its footprint in several jurisdictions, such as the US, through numerous purchases of iGaming affiliate wheres the gold app internet sites and companies.
Releasing its economic report for the quarter ended March 31, 2017, Catena Media announced so it had 80,421 new depositing clients for the reported period, up 149% from the prior-year quarter and 20% through the previous quarter. The company reported revenue of €15.23 million for the evaluated three months, showing a rise of 104% from €7.5 million for similar amount of the previous year. Running profit totaled €6.6 million, up 44% year-on-year. EBITDA amounted to €7.2 million online casino wheres the gold, with EBITDA margin standing at 47%.
Catena Media stated it was specially pleased with its first-quarter outcomes and hailed AskGamblers being an exceptional example of assets performing absolutely since their acquisition. The prospecting made gambling headlines last spring with the purchase associated with the Serbian wheres the gold cheats affiliate site for the quantity of €15 million. The deal became the largest one in the organization’s history and contains perhaps not been matched from the time.
An highlight that wheres the gold free slots is important Catena Media’s development and expansion strategy had been the purchase of UK-facing affiliate website CasinoUK. The company announced a €10.6 million for free casino slots wheres the gold the website in question. The deal ended up being regarded as another crucial move in regards to Catena Media’s plans to extend and solidify its British footprint.
The to generate leads business has changed into among the major drivers regarding the consolidation trend within the affiliate space that is iGaming.