Tag Archives: KaFe Rocks
Malta – GiG Media acquires KaFe Rocks
Gaming Innovation Group Inc. (GiG) has today signed an agreement to acquire KaFe Rocks, accelerating its presence in the North American affiliate market. The purchase price is €35m, consisting of a €15m upfront cash payment and €20m in four semi-annual payments over 24 months with an added earn-out given specific performance targets are met. In…
Malta – Glitnor Group acquires KaFe Rocks
Glitnor Group, the igaming operator and games provider, has acquired affiliate KaFe Rocks Ltd for an undisclosed sum. As part of the takeover, KaFe Rocks Co-founder Feda Mecan will join the Glitnor board of directors while CEO Simon Pilkington will join the Glitnor Group executive management team. The day-to-day management of KaFe Rocks will continue…