Perform Group has recently announced the acquisition of two more companies of Germany, which had supported their strategy of rising through acquisitions declared at the time of IPO. Perform Group had acquired Mediasports Digital GmbH and Spox Media GmbH by paying an initial consideration worth Euro 3.65 million, plus deferred consideration worth Euro 12.35 million, as per the EBIDITA results of all these businesses calculated during the next 3 years.
Spox Media Company was established in the year 2007, which was owned and operated by one among the well-known independent website of sports as spox.com. In the year 2011, website spox.com had estimated more than 1.6 million of monthly users of website, 15 million of monthly visitors and 70 millions of page impressions in one month. Mediasports Company was founded in the year 2010, which is one among the topmost selling agency of digital sports advertisement in Germany, having more than 6 million users.