.2Performant, a Romanian modern technology and affiliate advertising services provider, introduced on Monday, September 9, at the Bucharest Stock Market, that it intends to obtain the Profitshare partner systems in Romania and also Bulgaria coming from Sale Advertising And Marketing. Concurrently, Dante International, the owner of eMAG, will come to be a shareholder in 2Performant.On September 6, 2Performant’s Panel of Directors ended a preparatory contract to obtain the Profitshare.ro as well as Profitshare.bg affiliate networks possessed by Sale Advertising S.R.L. as well as Sale Advertising EOOD.
The agreement describes the concepts of the transaction and also is actually certainly not lawfully binding, corresponding to the business push mentioned through Economedia.The function entails the transmission of the Profitshare business lines coming from Conversion Advertising S.R.L. and also Conversion Advertising And Marketing EOOD (as sellers) to 2Performant (as the shopper). Dante International S.A.
(bulk shareholder of Conversion Marketing S.R.L.) will definitely be part of your business transactions contract as a backer.” As soon as the Profitshare deal is completed, our team will broaden our present capability as well as transform our client profile in both Romania and also Bulgaria. Our experts still have a couple of essential steps to finish, yet I am self-assured that the teams involved in the transaction on both edges will certainly deal with to finish them effectively. We are going to reveal our post-acquisition plannings after finalizing the purchase according to the final deal,” pointed out Dorin Boerescu, CEO as well as Founder of 2Performant System.The transaction price is RON 4.3 million, as well as will certainly be paid out 55% in cash as well as forty five% in 2Performant portions through a resources increase..” 2Performant is actually a young and also dynamic business with worths that sound with us.
Our company anticipate that, after the purchase is actually finalized, the Profitshare business integrated along with 2Performant will supply higher value to its customers,” pointed out Tudor Manea, General Supervisor of Dante International SA.2Performant likewise keeps in mind that numerous measures continue to be to accomplish as well as wrap up the deal, such as the productive completion of the due diligence evaluation by 2Performant.Profitshare was released in 2012 and currently has a portfolio of 250 partner programs (including the eMAG team) in Romania as well as Bulgaria.radu@romania-insider.com.( Picture source: the company).