.2Performant, a Romanian technology and partner advertising and marketing remedies company, introduced on Monday, September 9, at the Bucharest Stock Market, that it wants to acquire the Profitshare partner networks in Romania and also Bulgaria coming from Sale Advertising And Marketing. At the same time, Dante International, the manager of eMAG, will certainly come to be a shareholder in 2Performant.On September 6, 2Performant’s Board of Directors ended a preliminary arrangement to acquire the Profitshare.ro and also Profitshare.bg affiliate systems possessed through Transformation Advertising S.R.L. and also Sale Marketing EOOD.
The agreement describes the concepts of the purchase as well as is not legally binding, conforming to the business press presented through Economedia.The operation involves the transfer of the Profitshare service lines from Transformation Advertising S.R.L. as well as Conversion Advertising And Marketing EOOD (as dealers) to 2Performant (as the purchaser). Dante International S.A.
(bulk investor of Sale Advertising and marketing S.R.L.) will certainly be part of your business transactions agreement as an underwriter.” When the Profitshare deal is actually finished, our company are going to broaden our current capacity and transform our client profile in both Romania as well as Bulgaria. Our team still possess a handful of necessary steps to finish, yet I am positive that the crews associated with the transaction on both sides will deal with to complete all of them efficiently. We will definitely reveal our post-acquisition strategies after completing the acquisition according to the ultimate arrangement,” claimed Dorin Boerescu, CEO and Co-Founder of 2Performant Network.The purchase price is actually RON 4.3 thousand, and also will certainly be actually paid for 55% in cash money and also forty five% in 2Performant reveals with a capital rise..” 2Performant is actually a younger and also compelling firm along with market values that sound along with us.
We anticipate that, after the transaction is actually completed, the Profitshare service integrated with 2Performant will definitely deliver more significant value to its own clients,” stated Tudor Manea, General Manager of Dante International SA.2Performant also keeps in mind that a number of actions stay to accomplish and settle the purchase, like the effective conclusion of the due carefulness study by 2Performant.Profitshare was launched in 2012 and presently has a profile of 250 affiliate systems (featuring the eMAG team) in Romania as well as Bulgaria.radu@romania-insider.com.( Image resource: the company).