Catena strengthens US business with i15Media deal
Affiliate giant Catena Media has entered into a service agreement with i15Media, the new investment company run by entrepreneurs Chris Grove and Kendall Saville.
The deal grants Catena Media the option to provide i15Media with affiliation activities in relation to either companies or assets that may be acquired by the investment company.
In addition, Catena will have a right of first refusal if i15Media decides to divest such assets or companies.
The agreement builds on an existing relationship between Catena and Grove and Kendall, whereby the affiliate giant acquired a number of US assets in New Jersey and Nevada from the two entrepreneurs.