Shogun Media is a strategic acquisition for Raketech; the founders have years of experience in building high-quality web-traffic products for the iGaming industry. Their expertise will now be at Raketech’s disposal, and the team will continue developing its product offering for gaming operators in both new and existing markets, achieving organic growth and meeting the company’s ambitious targets.
Michael Holmberg, Raketech CEO said: “With the acquisition of Shogun Media, we gain more experienced entrepreneurs and this is vital for our growth journey. Not only do we obtain a good synergy for how we build services in new markets, we also gain valuable and supplemental expertise within PPC. This is an important building block to further strengthen Raketech ahead of Swedish regulation, where we are well-positioned both in terms of our partners and revenues for when it comes into force in 2019.”
Last year, Raketech established a new operational model where M&A forms one of three strategic growth pillars. Shogun Media is Raketech’s third acquisition since the start of 2018, and twelfth since the start of 2017.
Fredrik Johansson, Shogun Media Ltd founder said: “We are looking forward to becoming part of the Raketech family and working together to deliver the best sports and gaming services to users and iGaming operators in a global market. There is a great fit between the companies in the form of complementing expertise, synergies in business systems and business model scalability.”
Michael Holmberg added: “Raketech continuously strengthens its leading expertise within the product areas; SEO, mobile guides, sports communities and social media. With Shogun Media and the other technical platforms and domains that we own, we also see an increased potential to expand our offering to the international market, and to a regulated US market.”
Raketech has acquired a 51% stake of Shogun Media Ltd.
For more information, please contact: [email protected].
