Game Lounge Expands into UK and German Internet Markets through Interclick Acquisition
Major affiliate network Game Lounge Ltd. announced that it has penned an agreement to buy the essential assets of affiliate company Interclick Ltd today. Hence, the Malta-based provider of internet marketing services for big red pokies the Scandinavian online video gaming markets will expand its existence to the rapidly growing UK and German markets.
Game Lounge will spend the total amount of $1.5 million for its acquisition that is latest. The organization will finance the transaction through money. Interclick is anticipated to increase Game Lounge’s annual revenue by €1.3 million and its own EBITDA by an approximate of €1 million. The internet marketing provider big red lantern slot game stated it expects return on its opportunities within significantly less than eighteen months.
Interclick is servicing the UK and markets that are german 14 years. By acquiring the business, Game Lounge will integrate more than 40 domains and a wide quantity of affiliate reports into its own operations.
Commenting in the deal, Game Lounge CEO and founder big red free pokies Jonas Cederholm said that it’s going to accelerate their organization’s strategy to expand beyond your Nordic markets and they expect you’ll experience the benefits from their latest acquisition from day one.
Victor Lerenius, Chief tech workplace of Game Lounge, remarked that the transaction is an crucial action towards their expansion into core European markets. The state further noted that the domains obtained are strong red baron slot machine big win enough to complement their Nordic brands within an manner that is excellent. (more…)