Game Lounge Expands into UK and German Internet Markets through Interclick Acquisition
Major affiliate system Game Lounge Ltd. announced that it has penned an agreement to https://casinopokies777.com/euro-palace-casino/ buy the essential assets of affiliate company Interclick Ltd today. Hence, the Malta-based provider of internet marketing services for the Scandinavian gaming that is online will expand its existence to the rapidly growing UK and German areas.
Game Lounge will spend the amount of $1.5 million for its latest acquisition. The company shall win palace euro casino fund the deal through cash. Interclick is expected to improve Game Lounge’s yearly income by €1.3 million and its EBITDA by the approximate of €1 million. The affiliate marketing online provider stated it expects return on its investments within not as much as eighteen months.
Interclick is servicing great britain and German markets for 14 years. By acquiring the organization, Game Lounge will incorporate more than 40 domain names and a wide wide range of affiliate records into its operations.
Commenting in the deal, Game Lounge CEO and founder Jonas euro palace mobile casino no deposit bonus Cederholm stated that it will accelerate his business’s strategy to expand outside the Nordic markets and that they expect you’ll enjoy the huge benefits from their latest purchase from time one.
Victor Lerenius, Chief Technology workplace of Game Lounge, remarked that the deal can be an essential step towards their expansion into core European areas. The official further noted that the domain names obtained are strong sufficient to complement their Nordic brands within an manner that is excellent. (more…)