ANNOUNCEMENT
Franklin Partners completes transaction in the digital marketing sector
SharpLink Gaming Ltd. (Nasdaq:SBET) has announced its acquisition of certain assets of FourCubed Management, LLC and 6t4 Company (collectively, “FourCubed”), including FourCubed’s iGaming and affiliate marketing network focused on delivering quality traffic and player acquisitions, retention and conversions to iGaming operator partners worldwide.
Established in 2005, FourCubed owns and operates an international iGaming affiliate network comprised of over 12,000 sub-affiliates and has delivered over 1.8 million referred players since the network’s launch in 2008. For the past three years, FourCubed has averaged annual revenues of more than $5.5 million, with over 90% of its revenue stemming from recurring net gaming revenue contracts with many of the world’s elite iGaming operators, including Party Poker, bwin, UNIBET, GG Poker, Bet365, 888 poker, betfair and others.
This transaction is another sell-side advisory by Franklin Partners in the digital sector. Jeffrey Robbins, of Avisen Legal, was the legal adviser to FourCubed and its principal owner.
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