Catena Media Adds Germany-Facing Affiliate that is iGaming Network Growing Portfolio
On the web performance that is gambling-focused company Catena Media today announced yet another purchase deal that saw it purchase all iGaming affiliate assets of Delilah Holdings.
The deal is anticipated become finished by the play free slots wheres the gold conclusion of the thirty days. Under wheres the gold play pokies online wheres the gold free pokie the regards to the offer, Catena Media is set to cover a €4.2 Million payment that is upfront the assets’ transfer. Delilah Holdings’ present owners are also eligible to an earn-out that is maximum of million, based on its assets’ income performance next 12 months.
Delilah Holdings had been founded back in 2011. It has the MrGamez.net and Spielekiste.de affiliate internet sites. Both web sites target and promote online gambling options to German-speaking players, with Germany play wheres the gold pokies free and Switzerland being their main areas of great interest. The business has seen stable and growth that is considerable both jurisdictions over the past many years.
Catena Media said in a pr release from early in the day today that it expects quarterly wheres the gold slot machine free product sales of around €300,000 and an margin that is operating of 80% through the two affiliate sites.
Commenting in the deal, Catena Media CEO Robert Andersson stated it will secure his company with greater publicity in German-speaking iGaming markets and that it is part of their strategy to strengthen their portfolio across European countries.
In the last 2 yrs, the wheres the gold pokie download to generate leads business has extended its footprint in many different jurisdictions, including the US, through numerous purchases of iGaming affiliate internet sites and systems.
Releasing its financial report for the quarter finished March 31, 2017, Catena Media announced so it had 80,421 new depositing customers for the reported period, up 149% through the prior-year quarter and 20% from wheres the gold slot games on youtube the quarter that play wheres the gold for free is prior. The business reported revenue of €15.23 million for the evaluated 90 days, reflecting an increase of 104% from €7.5 million for similar amount of the previous 12 months. 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 stated that it was specially pleased with its first-quarter outcomes and hailed AskGamblers as an example that is excellent of performing positively since their purchase. The to generate leads made gambling wheres the gold slot machine youtube headlines spring that is last the purchase associated with Serbian affiliate internet site for the total amount of €15 million. The offer became the wheres the gold download one that is largest in the organization’s history and has now perhaps not been matched from the time.
An highlight that is important Catena Media’s development and expansion strategy had been the purchase of UK-facing affiliate website CasinoUK. The organization announced play wheres the gold online free a €10.6 million for the web site under consideration. The deal had been seen as another crucial relocate regards to Catena Media’s intends to extend and solidify its British footprint.
The prospecting company has turned into one of the major drivers of the consolidation trend inside the affiliate space that is iGaming.