KaFe Rocks, an iGaming affiliate with a presence throughout the United States, has officially been acquired by Glitnor Group for an undisclosed fee.
Through this development, the iGaming Group hopes to expand its influence into the affiliate space and in turn further the growth of the business.
While based in Malta, KaFe Rocks has significant operations in the US with its USCasino.com brand.
The KaFe Rocks CEO, Simon Pilkington, commented: “I’ve been hugely impressed with the leadership team at Glitnor and am massively excited for what the future holds for both KaFe Rocks and the Glitnor Group.
“Since initial talks began, it’s been clear that both companies share a vision for growth, but that they also value the people driving it and believe in developing a culture where people can thrive.”
Per the terms of this deal, KaFe Rocks Co-Founder Feda Mecan will join the operator’s Board of Directors. Meanwhile, Pilkington will join Glitnor’s Executive Management Team.
In regard to the acquisition, the Glitnor Group CEO, David Flynn, noted: “Glitnor is not shy about its ambitions to become a leading igaming group and the acquisition of KaFe Rocks and our move into the lead generation space is evidence of this.
“In KaFe Rocks we have an established business being run by an incredibly talented team that owns and operates a network of successful, reputable affiliate assets that will drive growth for the wider group.”
Following the completion of this acquisition, KaFe Rocks will continue operations as usual while utilizing the growth potential provided by Glitnor.