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WATERFORD, Ireland, April 7, 2021 /PRNewswire/ Thimba Media, the iGaming performance marketing company, today delivered on one of the companies core strategic goals of growing through both organic and M&A pillars by announcing its acquisition of the UK based organic affiliation website theslotbuzz.com ( theslotbuzz ).
As a result of the acquisition, Thimba Media s revenues within locally regulated markets will be approximately 40%.
The agreed purchase price for The Slot Buzz represents a multiple of approximately 3.9 times Net Income, based on current run rate. The Slot Buzz is expected to generate EBITDA of $500,000 in this financial year.