Tag Archives: Avida Finans

Raketech amplifies sports inventory with €16m QM Media buyout 

Raketech Plc has agreed to acquire QM Media, finalising a deal valued at €16 million, to boost the sports media inventory of its publishing network. This afternoon, Raketech confirmed that it had agreed to acquire QM Media and its P&P Vegas North American subsidiary outright.   Deal terms will see Raketech pay €9 million in cash upfront, with the remainder of …

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Raketech secures €15m credit facility to support acquisitions strategy

Raketech has secured a one-year revolving credit facility with Avida Finans for a total of €15 million, enabling the firm to continue embarking on strategic acquisitions. Interest on the facility – which replaces an existing facility with Swedbank of €10 million – stands at 4.25%, in addition to an annual upfront commitment fee. Furthermore, as well as assisting the firm …

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