Catena Media Adds Germany-Facing Affiliate that is iGaming Network Growing Portfolio
Online performance that is gambling-focused business Catena Media today announced just one more wheres the gold coast in australia purchase deal that saw it purchase all iGaming affiliate assets of Delilah Holdings.
The deal is anticipated become finished by the conclusion of this month. Under the terms of the offer, Catena Media is set to pay a €4.2 million aristocrat wheres the gold iphone upfront repayment upon the assets’ transfer. Delilah Holdings’ current owners are also entitled to a maximum earn-out of €2.24 million, predicated on its assets’ income performance within the next year.
Delilah Holdings was established back in 2011. The MrGamez is owned by it.net and Spielekiste.de affiliate websites. Both internet sites target and promote online wheres the gold online pokie gambling options to players that are german-speaking with Germany and Switzerland being their primary markets of interest. The company has seen stable and considerable growth in both jurisdictions within the last years.
Catena Media stated in a pr release from earlier today it expects quarterly sales of around €300,000 plus an margin that is operating of 80% through the two wheres the gold slot online affiliate sites.
Commenting on the deal, Catena Media CEO Robert Andersson stated it is part of their strategy to strengthen their portfolio across Europe that it will secure his company with greater exposure wheres the gold slot machine wins in German-speaking iGaming markets and.
The lead generation company has extended aristocrat wheres the gold free 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 monetary report for the quarter ended March 31, 2017, Catena Media announced wheres the gold emulator it had 80,421 new depositing customers for the reported duration, up 149percent through the prior-year quarter and 20% from the prior quarter. The organization reported revenue of €15.23 million for the evaluated three months, showing an increase of 104% from €7.5 million for the same amount of the past year wheres the gold pokies online. Working 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 particularly pleased with its first-quarter results and hailed AskGamblers as an example that is excellent of performing absolutely since their purchase. The prospecting made gambling headlines spring that is last the purchase regarding the Serbian affiliate wheres the gold slot free internet site for the amount of €15 million. The deal became the wheres the gold cup 2017 one that is largest into the organization’s history and contains perhaps not been matched ever since.
An essential highlight in Catena Media’s development and expansion strategy was the purchase of UK-facing affiliate website CasinoUK. The company announced a €10.6 million for the internet site in question. The deal was viewed as another play wheres the gold pokies online free crucial move around in reference to Catena Media’s plans to extend and solidify its British footprint.
The to generate leads business has changed into one of the major drivers associated with consolidation trend in the iGaming affiliate room.