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 [...]
