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SBAT founder Gary Gillis joins Catena Media management

4th April 2017 6:07 am GMT

Stockholm-listed performance marketing specialist Catena Media has altered its agreement with recently acquired SBAT in a move that will see the UK social media sports site's founder Gary Gillis become a full employee of the company.

Catena Media acquired SBAT from Gillis in October of last year for an initial €3.2m, including an additional earn-out of up to €10.5m over a period of two years.

The expected scenario was a total earn-out purchase price of €4.5m if SBAT [...]

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