Raketech Divests Non-Core US Tipster Assets: A Strategic Move for Focused Growth
TRIQ I-IMSIDA IL-GZIRA, MALTA / ACCESS Newswire / June 10, 2025 – Raketech Group Holding Plc (STO:RAKE) has made a bold move in the competitive landscape of online affiliate marketing by divesting its non-core US tipster and subscription assets. This strategic decision, following an extensive review, enables Raketech to sharpen its focus on its core operations, with the deal valued at EUR 1.25 million.
Understanding the Decision
Background
In July 2024, Raketech began shifting its operations by divesting its US offline advisory sales, marking a transition toward more scalable digital models. This divestiture of US tipster assets is another chapter in this transformative journey, emphasizing the company’s commitment to strategic prioritization.
Key Highlights of the Deal
This transaction is not just about numbers; it’s a strategic pivot toward enhancing operational focus:
Total Consideration: The deal is valued at EUR 1.25 million, structured with immediate payment of EUR 450K at closing, followed by EUR 350K nine months later, and a final payment of EUR 450K after eighteen months. This consideration is fixed and unconditional.
Closing Date: The deal is expected to close by the end of June 2025, streamlining operations swiftly.
Asset Details: The divested assets include notable brands such as Winnersandwhiners.com, Picksandparlays.net, and Statsalt.com, which collectively have a book value of approximately EUR 1.0 million.
Financial Impact: While Raketech anticipates a recorded gain of EUR 0.3 million in Q2 2025 from the divestiture, this is tempered by operational losses of EUR 0.5 million and advisory fees of EUR 0.2 million related to the transaction.
- Cost Efficiency: Post-closing, monthly cost savings are projected to reach EUR 150K, enhancing overall operational efficiency.
Strategic Focus and Future Endeavors
Raketech remains committed to its presence in the US, particularly through SubAffiliation, where it continues to drive high-quality traffic to operators and provides publishers with leading commercial deals via AffiliationCloud.
Insights from Leadership
Johan Svensson, CEO of Raketech, underscores the significance of this decision:
“AffiliationCloud is now at the heart of our operations. Our growth drivers include fostering entrepreneurial partnerships within affiliate marketing and expanding our publisher networks while maintaining exclusive commercial operator deals within SubAffiliation. This divestment sharpens our focus on our platform-first approach and demonstrates our commitment to financial discipline by exiting sectors outside our core competencies.”
Conclusion
Raketech’s strategic divestiture of its non-core US assets not only reflects a commitment to operational focus but also positions the company for future growth. By honing in on core strengths and enhancing financial discipline, Raketech is setting the stage for innovative opportunities in the highly competitive affiliate marketing landscape.
For more information about Raketech’s ongoing initiatives, explore their website at Raketech.
For inquiries, reach out to: [email protected]
About Raketech Group
Founded on a commitment to excellence, Raketech is a leading online affiliate and content marketing powerhouse. Specializing in delivering comparison services for sports and gaming, Raketech guides enthusiasts to top services while providing high-quality leads for partners.
This announcement is made in compliance with the EU Market Abuse Regulation. For the full press release, visit ACCESS Newswire.
