Stockholm-listed lead generation specialist Net Gaming is expanding its presence in the German, Austrian and Swiss iGaming markets through the acquisition of a range of affiliate assets.
The company has signed a letter of intent to acquire the assets, pending the completion of its due diligence process, for a purchase price of €2.29m using existing cash resources.
The acquisition also includes an earn-out of up to €1.25m, based on the acquired assets' EBTIDA in the 12 months following completion.
The acquired assets are [...]