Gaming Innovation Group completes acquisition of Titan

26 August 2024

(PRESS RELEASE) -- Gaming Innovation Group Inc., a leading force in digital marketing and media for the online gaming industry, has today successfully acquired Titan Inc. Limited, following the head-of-terms agreement signed in June, see announcement from GiG on 17 June 2024. Titan is a top-tier provider of SEO and content services, and this strategic move bolsters GiG’s operational capabilities and reinforces its market leadership within Gentoo Media, its thriving media and affiliate business.

The integration of Titan will drive cost savings and operational efficiencies for Gentoo Media's publishing division. SEO and content costs are expected to be significantly reduced for operations consolidated under Titan. Additionally, Titan’s expertise will optimize the quality and time-to-market of the business, which is expected to increase revenue within the division.

Jonas Warrer, CEO of Gentoo Media and acting group CEO of GiG, says, “I'm pleased to announce that we have completed the acquisition of Titan. This acquisition aligns with our strategic goals to enhance operational efficiencies and strengthen our position in the market. Integrating Titan's SEO and content expertise will improve our service capabilities. We look forward to realising the benefits this brings to our operations and stakeholders.”

In 2023, Titan Inc. Limited reported revenues of MEUR 3.30 and EBITDA of MEUR 0.72. The acquisition was valued at MEUR 3.2 and structured with MEUR 1.1 paid at closing and two yearly installments of MEUR 1.05 to be paid after twelve and twenty-four months.


Related Links
Gentoo Media

FEATURED iGAMING SUPPLIERS
mondogaming-srl
casino-web-scripts
Mondogaming SRL
A leading software provider for sportsbook platforms, projected in the B2B and B2C business
Casino Web Scripts
Providing certified casino software & casino games with no monthly fees.Custom development available
casino-city-press
betinspire
Casino City Press
A leading publisher and distributor of casino and gaming business data and market research reports.
BETINSPIRE
A leading iGaming Platform(PAM) software Source Code provider and B2B Platform supplier.
fast-offshore
igpixel
Fast Offshore
Online Gaming License covers all types: bingo, casino, eSports, lottery, poker, sportsbetting & more
Igpixel
Launch your online betting site w/ the latest technologies on IGPIXEL's advanced iGaming platform
Your Guide to 3,727 iGaming Industry Suppliers
ADD YOUR COMPANY   |   ABOUT US     linkedin Twitter Facebook