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Raketech posts record Q3 revenue and expands US portfolio

10th November 2021 8:24 am GMT
Raketech

Stockholm-listed Raketech has announced record results for the third quarter of 2021, while also strengthening its portfolio of US-facing affiliate sites with the acquisition of Baltimore-based ATS Consultants (ATS) for $15.5m.

Raketech will acquire the tipster asset, which provides tailored pre-game insights for sports through its Winnersandwhiners.com, Statsalt.com and Pickpapa.com sites, for $13m in cash and the issuance of new Raketech shares worth $2.5m.

“I am thrilled that we are able to follow up the latest acquisition [...]

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