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Catena Media strengthens US presence with Lineups.com acquisition

4th May 2021 8:53 am GMT
Catena Media
Playtech

Stockholm-listed online lead generation specialist Catena Media has acquired US sports betting affiliate Lineups.com for a total consideration of $39.6m.

Strengthening its position in the growing US sports betting affiliate market, Catena Media will acquire the business through three cash instalments over a two-year period, comprising $25m on closing, $9.6m on the first anniversary and $5m on the second anniversary of the closing date.

In addition, a contingent cash payment of $0.5m will be due if New [...]

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