Adage IV Catalog

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Adage IV Catalog - overview

Established

2008

Location

-, PA, US

Primary Industry

Power & Utilities

About

Adage IV Catalog is involved in online lottery gaming, providing a secure platform where users can engage in various betting options and access official lottery games. The company emphasizes user experience and security. Adage IV Catalog is a company that operates in the online lottery gaming sector. Established in 2008 in the US, it was acquired by Bertelsmann AG, a portfolio company of Kohlberg and Kravis Roberts, in June 2010.


The company has been involved in one deal since its inception. Adage IV Catalog offers a comprehensive online platform for lottery (togel) gaming, particularly focused on the Indonesian market. Its primary service is an online togel gaming platform that provides users with access to a range of official lottery games and betting options. The platform prioritizes user experience with a variety of game offerings, security features, and promotional incentives such as cashbacks and deposit bonuses.


Adage IV Catalog generates revenue through transactions related to its online lottery gaming services. The company's business model is based on direct-to-consumer transactions, where users deposit funds to place bets on available games, with the platform retaining a percentage of the stakes. The revenue is accumulated through these gaming transactions, as players participate in the lottery games offered. Looking ahead, Adage IV Catalog plans to expand its product offerings by launching new gaming options in the upcoming year.


The company aims to penetrate additional markets beyond Indonesia, specifically targeting Southeast Asian regions for growth by the end of 2023. The recent acquisition funding will be utilized to support these strategic initiatives, enhancing their platform's capabilities and market reach.


Current Investors

Bertelsmann AG

Primary Industry

Power & Utilities

Sub Industries

Electric Utilities, Power Generation Equipment & Services

Website

www.adagebiopower.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Adage IV Catalog - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedAdage IV Catalog-

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