Raketech Sells Casumba Division to an Undisclosed Buyer  

Raketech Group, a leading online affiliate and content marketing specialist, announced the sale of its Casumba assets. According to the former company, the decision to divest the brand was sparked by regulatory developments that have affected its markets.

Raketech Sold the Division for EUR 12M

According to Raketech’s announcement, an unnamed buyer has agreed to buy the Casumba assets for a fixed consideration of EUR 12 million ($14 million). The deal outlines no upfront payment – instead, the buyer will pay in monthly instalments through December 2029, with an 8% interest rate.

Raketech added that, under IFRS 9 accounting standards, the deferred consideration has been measured “at the fair value of approximately EUR 7 million at closing.” The company added that the EUR 5 million difference between the valuation and the actual fixed consideration reflects “an element of ongoing credit risk and the extended payment schedule.”

Raketech confirmed that the transaction was signed and closed on September 24, 2025.

The Sale Will Result in One-Off Non-Cash Loss of EUR 10M

In its official press release, Raketech explained that the sale of the Casumba assets is in line with its “platform-first strategy.” The company has been trying to streamline its business and focus on core markets and sustainable online casino affiliation growth.

As mentioned, Raketech justified the sale of Casumba with recent regulatory changes in some of its key markets. By selling the division now, the affiliate will avoid certain regulatory risks and free up capital to redirect to its AffiliationCloud platform.

Raketech added that the Casumba assets generated annualized revenues of roughly EUR 4 million, as well as an EBITDA of EUR 2.9 million, based on the Q2 results. As a result of the sale, Raketech projects a non-cash loss on disposal of roughly EUR 10 million ($11.7 million) in Q3 2025. The company emphasized that this “one-off, non-recurring loss” will not impact its general cash flow or operational performance.

Another Step in Refining Raketech’s Portfolio

Raketech’s chief executive officer, Johan Svensson, commented on the deal, highlighting its importance to the company and its broader strategy.

This sale marks another step in refining our portfolio and concentrating on our core goal of creating the top commercial platform for iGaming affiliation. By divesting Casumba, we eliminate regulatory exposure and unlock resources for growth opportunities. This transaction reflects our dedication to sustainable shareholder value and financial discipline.

Johan Svensson, CEO, Raketech

The sale of the Casumba division comes several months after Raketech sold the remainder of its non-core US tipster and subscription business for a total consideration of EUR 1.25 million.