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Sweden’s Net Gaming targets DACH growth through proposed acquisition

23rd April 2018 6:40 am GMT

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 [...]

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