Raketech expands into Japan via acquisition of Casumba Media Ltd
Raketech , a leading online affiliate and content marketing company, takes the next step in its geographical expansion with the acquisition of Casumba Media Ltd. a Maltese registered media company with operations mainly in Japan. Casumba offers an extensive amount of affiliate websites on the Japanese market. The agreed purchase price amounts to EUR 2.0 million, representing a multiple of approximately 3x EBITDA for the last twelve months, with the possibility of additional earnout payments based on certain performance measures.Through the acquisition, Raketech gets