.2Performant, a Romanian modern technology as well as affiliate marketing services business, introduced on Monday, September 9, at the Bucharest Stock Market, that it plans to acquire the Profitshare associate networks in Romania as well as Bulgaria coming from Conversion Advertising And Marketing. Together, Dante International, the proprietor of eMAG, will certainly become an investor in 2Performant.On September 6, 2Performant’s Panel of Directors wrapped up an initial deal to get the Profitshare.ro and Profitshare.bg partner systems owned by Sale Advertising S.R.L. as well as Conversion Marketing EOOD.
The agreement outlines the principles of the transaction and is actually not legally binding, according to the firm press presented by Economedia.The function involves the move of the Profitshare company lines from Sale Advertising and marketing S.R.L. as well as Transformation Marketing EOOD (as vendors) to 2Performant (as the buyer). Dante International S.A.
(a large number investor of Transformation Advertising and marketing S.R.L.) will become part of your business transactions agreement as a guarantor.” Once the Profitshare purchase is actually completed, our experts are going to expand our existing capacity and transform our client profile in both Romania and also Bulgaria. We still have a handful of essential steps to accomplish, however I am actually certain that the crews involved in the purchase on both sides are going to take care of to complete all of them successfully. Our team will definitely introduce our post-acquisition strategies after settling the purchase depending on to the final contract,” mentioned Dorin Boerescu, Chief Executive Officer and also Co-Founder of 2Performant System.The deal price is RON 4.3 thousand, as well as will certainly be paid out 55% in cash money and also 45% in 2Performant portions with a resources boost..” 2Performant is actually a young as well as powerful company along with market values that resonate along with our company.
Our company expect that, after the deal is wrapped up, the Profitshare company mixed with 2Performant is going to provide better value to its own clients,” stated Tudor Manea, General Manager of Dante International SA.2Performant additionally keeps in mind that a number of actions stay to finish and also finalize the purchase, such as the successful fulfillment of the due carefulness analysis through 2Performant.Profitshare was introduced in 2012 as well as currently possesses a portfolio of 250 partner programs (including the eMAG group) in Romania and Bulgaria.radu@romania-insider.com.( Photograph resource: the business).