Catena Media Adds Germany-Facing iGaming Internet Network to Growing Portfolio
On line performance that is gambling-focused company Catena Media today announced yet another acquisition deal that saw play free slots wheres the gold it buy all iGaming affiliate assets of Delilah Holdings.
The deal is expected become finished by the conclusion of the month. Under the terms of the offer, Catena Media is defined to pay a €4.2 million upfront payment upon the assets’ transfer. Delilah Holdings’ current owners will also play pokies online wheres the gold be eligible to a maximum earn-out of €2.24 million, centered on its assets’ income performance over the following 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 players that are german-speaking with Germany and Switzerland wheres the gold pokie download being their main markets of great interest. The business has seen stable and growth that is considerable both jurisdictions in the last wheres the gold download many years.
Catena Media said in a pr release from earlier in the day today it expects quarterly sales of around €300,000 plus an margin that is operating of 80% from the two affiliate websites.
Commenting on the deal, Catena Media CEO Robert Andersson stated so it will secure their business with play wheres the gold pokies free greater exposure in German-speaking iGaming markets and that it is section of their technique to strengthen their profile across European countries.
The lead generation 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 economic report for the quarter finished March 31, 2017, Catena Media announced pokies wheres the gold it had 80,421 new depositing customers for the wheres the gold slot machine youtube reported period, up 149percent through the prior-year quarter and 20% from the previous quarter. The business reported revenue of €15.23 million for the reviewed 3 months, showing a growth of 104per play wheres the gold for free cent from €7.5 million for similar period of the past year. 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 said it was specially quite happy with its first-quarter outcomes and hailed AskGamblers as an exemplary example of assets doing definitely since their wheres the gold slot games on youtube purchase. The prospecting made gambling headlines final spring with the purchase of the Serbian affiliate web site for the quantity of €15 million. The deal became the largest one in the business’s history and contains not been matched from the time.
An important highlight in Catena Media’s development and expansion strategy was the wheres the gold slot machine free purchase of UK-facing affiliate website CasinoUK. The organization announced a €10.6 million for the internet play wheres the gold online free site under consideration. The deal had been viewed as another move that is important regards to Catena Media’s intends to extend and solidify its UK footprint.
The prospecting company has turned into one of the major drivers associated with the consolidation trend in the affiliate space that is iGaming.