Raketech boosts global network with Lead Republik acquisition March 11, 2020 Related Articles Submit Share StumbleUpon Share Raketech names Karlsten as new COO May 27, 2020 Veikkaus calls for early introduction of Finnish age verification measures August 28, 2020 Michael Holmberg – RaketechStockholm-listed industry affiliate marketing network Raketech Group Plc has moved to expand its presence within Finland, acquiring legacy sports listings portal – Tvmatsit.com.Updating investors, Raketech confirms that it has secured an x5.2 EBITDA transaction, valuing TVmatsit.com at a purchase price amount of €1.6 million.In addition, Raketech will enhance its acquisition offer, with a further €300,000 in incentives to be rewarded over a 24-month period, pending agreed-upon performance targets.Confirming the acquisition, Michael Holmberg Chief Executive of Raketech noted clear organic synergies between Tvmatsit.com and the firm’s active European sports portfolio which currently operates – TVmatchen.nu (Swe), TVsportguide.com (UK), TVsporten.dk (Den), TVsportguide.de (Ger), TVkampen.com (Nor) and Esportsguide.com (Global).Considered one of Finland’s most trusted sports news publishers, TVmatsit generates its traffic organically by delivering a complete guide to sports broadcasting in Finland and through a successful media buying strategy.Raketech informs that the founders of TVmatsit.com will continue to run the product post-acquisition, and also integrate successful aspects of the platform and media strategy across Raketech’s key markets.Michael Holmberg, CEO of Raketech, said: “We are pleased to acquire TVmatsit.com, a product which complements our existing range of online sports listing platforms. The acquisition is in line with our strategy to offer all product categories in Raketech’s key markets, and until now we have lacked a guide product in Finland. We look forward to working with the TVmatsit team to further optimise the product with our content and SEO expertise, and also replicate their successful media buying strategy in other markets.”
Asempa FM, a subsidiary of the Multimedia Group of Companies will host millions of Ghanaians as they mark the 7th edition of their annual fitness and fun festival at the El-Wak Sports Stadium on November 26.The event dubbed “Fitness for Peace”, seeks to drive home the importance of fostering and upholding the peace the country enjoys before, during and after the December 7 polls.With elections fast approaching, a lot has been said about the need for a peaceful election and as part of honoring corporate social responsibilities, Multimedia Group will use the event to propagate peace while bringing a lot of people to have fun and keep fit at the same time.Various keep fit clubs and individuals will proceed from Afrikiko at 5:30am to the El Wak stadium with a health walk and at the stadium.Activities to be competed in includes football, treasure hunt, unisex relay, arm wrestling, ladies egg and spoon race, 100m race and tug of peace as well as peace songs from renowned artistes. The 2016 Asempa FM fitness and fun festival is put together in partnership with the Christian Council, Office of the National Chief Imam with support from UNDP and DANIDA.