.2Performant, a Romanian modern technology and also associate advertising options firm, declared on Monday, September 9, at the Bucharest Stock Exchange, that it plans to acquire the Profitshare affiliate networks in Romania as well as Bulgaria from Conversion Marketing. All at once, Dante International, the manager of eMAG, will certainly come to be a shareholder in 2Performant.On September 6, 2Performant’s Panel of Supervisors ended an initial deal to acquire the Profitshare.ro and Profitshare.bg affiliate networks possessed through Transformation Advertising And Marketing S.R.L. as well as Sale Marketing EOOD.
The arrangement lays out the principles of the transaction and is certainly not legally binding, conforming to the provider push mentioned through Economedia.The operation involves the transactions of the Profitshare organization lines coming from Conversion Marketing S.R.L. as well as Sale Marketing EOOD (as vendors) to 2Performant (as the purchaser). Dante International S.A.
(majority investor of Sale Marketing S.R.L.) will belong to business transmission deal as a surety.” As soon as the Profitshare purchase is actually accomplished, our company will certainly broaden our current ability and expand our customer collection in both Romania as well as Bulgaria. Our company still have a couple of important actions to finish, yet I am certain that the groups associated with the transaction on each edges will certainly deal with to complete all of them properly. We will introduce our post-acquisition plans after wrapping up the investment according to the ultimate contract,” pointed out Dorin Boerescu, CEO as well as Co-Founder of 2Performant System.The transaction rate is actually RON 4.3 thousand, and will definitely be spent 55% in cash and also forty five% in 2Performant portions with a resources increase..” 2Performant is actually a younger and also powerful firm along with values that resonate with our team.
We assume that, after the deal is wrapped up, the Profitshare company incorporated with 2Performant will certainly deliver more significant worth to its own customers,” pointed out Tudor Manea, General Supervisor of Dante International SA.2Performant additionally keeps in mind that a number of measures stay to complete as well as complete the deal, such as the successful fulfillment of the due carefulness study by 2Performant.Profitshare was released in 2012 and also presently has a profile of 250 partner programs (including the eMAG group) in Romania and also Bulgaria.radu@romania-insider.com.( Photo source: the firm).