.2Performant, a Romanian modern technology and affiliate advertising and marketing services company, declared on Monday, September 9, at the Bucharest Stock Exchange, that it aims to obtain the Profitshare partner networks in Romania and also Bulgaria from Sale Advertising And Marketing. At the same time, Dante International, the manager of eMAG, will definitely come to be a shareholder in 2Performant.On September 6, 2Performant’s Board of Supervisors wrapped up a preparatory contract to acquire the Profitshare.ro as well as Profitshare.bg partner networks possessed through Sale Advertising S.R.L. and also Transformation Advertising EOOD.
The deal describes the concepts of the deal and also is actually not legally binding, corresponding to the provider push mentioned through Economedia.The function entails the transfer of the Profitshare company lines coming from Conversion Marketing S.R.L. as well as Sale Advertising EOOD (as homeowners) to 2Performant (as the buyer). Dante International S.A.
(a large number investor of Transformation Advertising and marketing S.R.L.) will be part of business move contract as a surety.” When the Profitshare purchase is completed, our team will expand our existing capacity and transform our client portfolio in both Romania and also Bulgaria. Our team still have a couple of crucial steps to accomplish, yet I am certain that the teams associated with the deal on each edges will certainly handle to complete them effectively. Our experts will announce our post-acquisition plannings after finalizing the acquisition depending on to the final arrangement,” said Dorin Boerescu, CEO and also Founder of 2Performant Network.The deal price is RON 4.3 million, and also will certainly be spent 55% in money and also forty five% in 2Performant allotments with a capital rise..” 2Performant is a younger and also vibrant business with values that sound with us.
Our experts expect that, after the deal is actually finalized, the Profitshare business mixed along with 2Performant will deliver better worth to its own clients,” stated Tudor Manea, General Manager of Dante International SA.2Performant likewise keeps in mind that several measures stay to accomplish and wrap up the transaction, such as the successful completion of the as a result of persistance study by 2Performant.Profitshare was released in 2012 and also presently has a collection of 250 affiliate programs (featuring the eMAG group) in Romania and Bulgaria.radu@romania-insider.com.( Image source: the business).