Catena Media Adds Germany-Facing iGaming Affiliate Network to Growing Portfolio
On line gambling-focused performance marketing business Catena Media today announced yet another acquisition deal that saw it purchase all iGaming affiliate wheres the gold slot machine wins assets of Delilah Holdings.
The transaction is anticipated become finished by the end of this month. Underneath the terms of the deal, Catena Media is placed to pay a &euro online pokies australia wheres the gold;4.2 Million payment that is upfront the assets’ transfer. Delilah Holdings’ present owners will also be eligible for an earn-out that is maximum of million, centered on its assets’ revenue performance next 12 months.
Delilah Holdings was established back in 2011. It owns the MrGamez.net and Spielekiste.de affiliate websites. Both internet sites target and promote play free pokies wheres the gold online gambling options to German-speaking players, with Germany and Switzerland being their main markets of interest. The company has seen stable and considerable development in both jurisdictions in the last several years.
Catena Media play wheres the gold free online said in a news release from earlier today so it expects quarterly sales of around €300,000 plus an operating margin of about 80% from the two affiliate websites.
Commenting regarding the deal, Catena Media CEO Robert Andersson stated it will secure his company with play free online pokies wheres the gold greater visibility in German-speaking iGaming markets and that it’s part of their strategy to strengthen their profile across Europe.
Within the last 2 yrs, the lead generation company has extended its impact in many jurisdictions, including the US, through numerous purchases of iGaming affiliate sites and networks.
Releasing its monetary report for the quarter ended March 31, 2017, Catena Media announced bet365 casino wheres the gold that it had 80,421 new depositing customers for the reported duration, up 149percent from the prior-year quarter and 20% from the previous quarter. The company reported revenue of €15.23 million for the reviewed 90 days, reflecting a rise of 104per cent from €7.5 million for the same period of the previous year. Working profit totaled €6.6 million, up 44% year-on-year. EBITDA wheres the gold real money amounted to €7.2 million, with EBITDA margin standing at 47%.
Catena Media said that it was particularly content with its first-quarter outcomes and hailed AskGamblers as an excellent example of assets doing pokies wheres the gold favorably since their acquisition. The to generate leads made gambling headlines final springtime with the purchase associated with the Serbian affiliate site for the quantity of €15 million. The offer became the one that is largest in the organization’s history and has not been matched ever since play wheres the gold on iphone.
An important 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 under consideration. The deal had been seen wheres the gold pokie machine free download as another essential move around in regards to Catena Media’s intends wheres the gold feature sound to extend and solidify its British footprint.
The to generate leads business has changed into among the major drivers for the consolidation trend in the iGaming affiliate space.