Playmaker acquires 100% of Brazil’s Futmarketing for $4.1m

Toronto-based company to make initial cash payment of $845,000 with deferred payment to be made on the second anniversary

Toronto-based digital sports media company Playmaker has announced the acquisition of Brazilian digital media and marketing group Futmarketing which also provides editorial consultancy to soccer platforms across Latin America. Playmaker subsidiary Futbol Sites will manage the day-to-day operations with Futmarketing. The terms of the acquisition are reported to include a cash payment of $845,000 (£623,000)…

Acquisition | Brazil | Futbol Sites | Futmarketing | M&A | Playmaker | Technology