Acquisition Opportunity — Project Amateri
Confidential buyer teaser. Prepared for qualified strategic and financial acquirers under NDA. All financial figures are Estimated unless marked Verified. Full data room opens on signed NDA + proof of funds.
The Headline
The dominant Czech-language adult UGC + swingers/ENM platform — 22 years old, bootstrapped, profitable, and available. One verifiable CZ operating entity, two identified founders willing to transition, multi-processor payments (including crypto), and Wikipedia-grade brand recognition in its home market.
Asking range: €1.5M – €1.9M · Target close: Q2–Q3 · Structure: 50% cash / 30% earn-out / 20% escrow
Why This Deal, Why Now
| Scarcity | The only SPA-able CZ-native adult platform on the market. Entity, UBOs, filing history, and registrar footprint are all verifiable in Czech public registers — a rarity in this sector. |
| Cash flow | Modeled base-case TTM revenue €1.0M, EBITDA margin 35%, LTV:CAC ~8×. 92% direct traffic — the brand is the channel. |
| Moat | 22-year domain, Wikipedia-referenced name, 220k MAU, ~800k dormant registered users, multi-processor payment stack (card + crypto) that a new entrant cannot replicate quickly. |
| Founders exit-ready | Two CZ-resident natural-person owners (50/50), both open to 12-month transition and 3-year non-compete. |
| Urgency | Traffic is declining (−17.5% MoM Nov 2025). The right operator stabilizes this in 90 days. The wrong quarter makes the asset cheaper and harder. |
Target Snapshot
- Segment: Hybrid amateur-UGC adult content + CZ/SK swingers & ENM dating + forums + live chat
- Geography: 92% CZ + SK + HR (CZ-capped TAM — clean localization moat)
- Operating entity: Single CZ s.r.o., incorporated 2006, domain since 2003
- Team: ~3 core staff (lean, founder-led)
- Tech: Web + Android app, Cloudflare DNS, multi-processor payments incl. crypto
- Users: 220k MAU · ~5.5k concurrent paying · ARPU €10/mo (base case)
Financial Profile (Estimated)
| Metric | Bear | Base | Bull |
|---|---|---|---|
| TTM Revenue | €0.4M | €1.0M | €1.9M |
| EBITDA margin | 25% | 35% | 42% |
| EBITDA | €100k | €350k | €800k |
| MAU | 150k | 220k | 300k |
| Paying (concurrent) | 2.25k | 5.5k | 12k |
Triangulated valuation: €1.0M (low) · €1.8M (mid) · €2.8M (high). Mid weighted 35% multiples / 35% DCF / 30% asset floor.
The Value-Creation Thesis
- Stabilize traffic. Reverse the −17.5% MoM trend with a 90-day SEO + product refresh. Base case holds revenue flat; any recovery is upside.
- Monetize the dormant base. 800k registered but inactive users × modest reactivation = meaningful revenue lift with zero CAC.
- Cross-sell into CZ/SK/HR adjacents. Swingers/ENM audience has higher ARPU than pure UGC — rebalance the product mix.
- Compliance upgrade = processor leverage. Close the 2257/DMCA/DPO/AVMS gaps in Day-1 to Day-90 and unlock better processor terms (lower MDR, lower chargeback reserves).
- Platform consolidation play. Natural acquirer for smaller CZ/SK adult or dating properties — Amateri becomes the CEE rollup hub.
Deal Structure (Recommended)
- 50% cash at close (€0.75M–€0.95M)
- 30% earn-out over 24 months, tied to verified retained MAU + TTM revenue
- 20% escrow / 24-month holdback indemnifying: filing-gap exposure, tax back-filings, compliance remediation, IP cleanliness, related-party flows
Conditions Precedent (headline)
Management accounts 2021–2024 produced & reconciled · UBO register extract · both founders' lockup · CZ tax reliability clean · 24 months processor statements with chargeback ≤1.0% · CSAM tooling + moderation SLA · AVMS-compliant age-verification plan · trademark assignment · domain renewal through 2029.
Known Risks (We Price Them In)
| Risk | Mitigation |
|---|---|
| Statutory accounts gap 2021–2024 | Blocking CP — management accounts must be produced and reconciled to bank before LOI → close. 20% escrow indemnifies residual exposure. |
| 2023 notarial deed NZ 394/2023 | Blocking CP — must be decoded pre-LOI. Covered by R&W escrow. |
| Traffic decline (−17.5% MoM) | Baked into bear case and DCF WACC (17%). Offer anchored at €1.2M — below asset floor after diligence haircut. |
| Compliance pages (2257/DMCA/DPO) | Day-1 remediation plan drafted and ready to publish at close. |
| Concentration in CZ/SK | Reframed as a moat, not a flaw. Localization beats global competitors in this market. |
| Sibling entities at same Praha 5 address | Written confirmation of no ownership overlap as CP. |
Who This Is For
| Buyer type | Why it fits |
|---|---|
| Strategic — adult/dating operator | Plug-and-play CEE anchor. Cross-sell into existing funnel. Absorb team of 3 with minimal integration cost. |
| Strategic — CEE media/classifieds | Profitable cash-generative asset in an underserved vertical. Diversification without brand contamination (separate SPV). |
| Financial — micro-PE / search fund | €350k EBITDA at ~5× = textbook search-fund ticket. Founder-led, lean, owner-operated turnaround. |
| Financial — family office | Cash-yield play. Structure as SPV holdco; let existing team run it post-close. |
Process & Timeline
- NDA + buyer qualification — 1 week
- Data room access + management Q&A — 2 weeks
- Non-binding LOI — target within 30 days of NDA
- Confirmatory diligence + CP clearing — 45–60 days
- SPA negotiation + close — 30 days
Competing process. Multiple buyers are being engaged in parallel. First credible LOI with cleared proof of funds sets the floor.
Next Step
Reply to the sender with:
- Buyer entity name and acquisition vehicle
- Proof of funds (LOC, equity commitment, or fund status)
- Signed NDA (template available on request)
Data room credentials issue within 48 hours of NDA countersignature.
Confidential and proprietary. This teaser does not constitute an offer to sell securities or an invitation to make an offer to buy. All figures are indicative and subject to confirmatory diligence. Full disclosures in the data room.