Game Lounge Expands into UK and German Internet areas through Interclick Acquisition
Major affiliate euro palace online casino network Game Lounge Ltd. today announced that it has penned an understanding to choose the important assets of affiliate company Interclick Ltd. Thus, the Malta-based provider of affiliate marketing services for the Scandinavian online video gaming markets will expand its presence into the rapidly growing UK and German markets.
Game Lounge will spend the total amount of $1.5 million because of its acquisition that is latest. The company will finance the transaction through money. Interclick is expected to improve Game Lounge’s yearly income by €1.3 million as well as its EBITDA euro palace flash casino by the approximate of €1 million. The internet affiliate marketing provider said so it expects return on its investments within lower than eighteen months.
Interclick is servicing the united kingdom and German markets for 14 years. By acquiring the business, Game Lounge will incorporate more than 40 domains and a wide quantity of affiliate accounts into its operations.
Commenting regarding the deal, Game Lounge CEO and founder Jonas Cederholm stated that it’ll accelerate their business’s strategy to expand outside of the Nordic markets and they be prepared to experience the huge benefits from their latest acquisition from time one.
Victor Lerenius, Chief Technology workplace of Game Lounge, pointed out that the deal can be an crucial step towards their expansion into core European markets. The official further noted that the domains obtained are strong enough to complement their Nordic brands in an exemplary manner. Continue reading “Game Lounge Expands into UK and Euro Palace Casino Group German Internet areas through Interclick Acquisition”