Glitnor Group acquires Malta-based iGaming affiliate KaFe Rocks Ltd

Posted: Feb 21, 2022 18:00
Category: Affiliate Grand Slam, Europe, M&A Action,
Posted: Feb 21, 2022 18:00 Category: Affiliate Grand Slam, Europe, M&A Action,

David Flynn of Glitnor Group tells SiGMA News that the brand is excited for future growth together as they expand across new markets

Glitnor Group has purchased KaFe Rocks Ltd, a Malta-based iGaming subsidiary, for a confidential sum that hasn’t been disclosed. Glitnor’s expansion into the lead generation market will be aided by this acquisition, contributing to the company’s long-term growth.

This acquisition will see Feda Mecan, co-founder of KaFe Rocks, joining the Glitnor board of directors, and Simon Pilkington, CEO of KaFe Rocks, joining the senior management team. The current management structure of KaFe Rocks will be maintained.

post merger integration | david flynn | SiGMA News
David Flynn, CEO of Glitnor Group.

When asked to comment on this acquisition, Simon Pilkington, KaFe Rocks CEO, told the press that the leadership team at Glitnor has wowed him making him highly optimistic for what the future holds for both KaFe Rocks and the Glitnor Group.

Since the beginning of discussions, it’s been evident that both firms share a vision for growth, but that they also value the people who drive it and believe in cultivating a culture that has allowed individuals to succeed.

The confidence Giltnor Group has shown to keep being KaFe Rocks is greatly appreciated expresses Pilkington, and he is highly motivated to deliver the outcomes that will assist the new company to achieve its objectives.

Speaking to SiGMA News, David Flynn, CEO of Glitnor Group said: “At Glitnor Group, we are thrilled about this acquisition. In KaFe Rocks, we have an established business partner, which shares the same culture and values as Glitnor. I’ve been very impressed with the entire team.

This move strengthens Glitnor Group’s position and helps the Group get closer to its ambition of becoming a leading iGaming group in the industry. We are excited about our future growth together as we expand across new markets.”

Glitnor Group’s B2C division, which includes online casino brands Lucky Casino and Gambola, will both benefit from the transaction. Swintt, a Glitnor-owned casino content provider, has been growing its global footprint after launching its slot portfolio in Latvia recently.

SiGMA 2022 :

After the exciting set of conferences that was Malta Week 2021, the SiGMA Group plans to take the world by storm with the golden steeples of Kiev and the snowy city of Toronto being hubs to draw the best and brightest of the iGaming world together. Our next expo takes us to cutting-edge metropolis of the United Arab Emirates for three days of networking, panel discussions and festivities. Stay up to date with the latest and greatest through SiGMA News.

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