Game Lounge Expands into UK and German Internet areas through Interclick Acquisition
Major affiliate community 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 affiliate marketing services for the Scandinavian gaming that is online will expand its existence to the rapidly growing UK and German markets.
Game Lounge will pay the total amount of $1.5 million for its latest acquisition. The organization will fund the transaction euro palace online casino 600 â‚¬ gratis through cash. Interclick is expected to increase Game Lounge’s annual income by €1.3 million and its own EBITDA by an approximate of €1 million. The internet marketing provider said that it expects return on its assets within less than eighteen months.
Interclick was servicing the united kingdom and markets that are german 14 years. By acquiring the organization, Game Lounge will incorporate significantly more than 40 domains and a wide range affiliate records into unique operations.
Commenting in the deal, Game Lounge CEO and founder Jonas Cederholm stated that it’s going to speed up their organization’s strategy to expand euro palace casino login away from Nordic markets and that they be prepared to enjoy the advantages from their latest purchase from time one.
Victor Lerenius, Chief tech workplace of Game Lounge, pointed out that the deal is an crucial action towards their expansion into core European areas. The official further noted that the domain names obtained are strong enough to complement their Nordic brands in a exceptional manner. Read more