Catena Media Buys Swedish Slotsia.com Casino Affiliate

Published Wednesday, February 15, 2017 - Online-Casinos.com
Catena Media Buys Swedish Slotsia.com Casino Affiliate

A growing number of start up companies are enjoying the expanding horizons of the online casino industry. One company called Catena Media that started small as a hobby in 2012 has grown into a impressive enterprise that has offices in three jurisdictions and employs almost two hundred people. Malta, Serbia and the United Kingdom serve as the headquarters for a firm that has evolved into one of the world’s most successful online lead generation companies. This media company’s strategy is to focus on organic growth in combination with geographical expansion and acquisitions with the aim to transform online gaming through the power of choice.

In October of 2014, Catena Media completed its first acquisition, with the firm Finix Invest, and in 2015 acquired eight more companies in the UK, Netherlands and Belgium. In April of 2016 Catena acquired the website AskGamblers.com for €15 million (US$17.1 million) and in 2016 the company acquired two British websites - SBAT.com, a sports statistics and betting tips website, for €13 million and CasinoUK.com, for US$13.38 million. The firm has

Catena Media has been growing ever since it began in humble surroundings to a listed firm on the Nasdaq Stockholm First North Premier in February 2016 with the ticker symbol CTM.

Recently the company announced the acquisition of Swedish facing casino affiliate Slotsia.com and all of the related assets. Catena confirmed the deal was worth €3.6 million ($3.8 million), which will be paid as a cash consideration along with the transfer of the acquired assets.

Chief executive officer for Catena, Robert Andersson, commented, “We work continuously to identify attractive acquisition prospects that complement and strengthen our portfolio.”  “Slotsia.com has demonstrated a solid growth, with an interesting content offering. This acquisition consolidates our leading affiliate position in Sweden even further.” Slotsia.com is a fast growing Swedish focused casino affiliate that was founded in 2015.

 

 

 

 

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