.2Performant, a Romanian modern technology and associate marketing solutions company, declared on Monday, September 9, at the Bucharest Stock Exchange, that it plans to get the Profitshare partner networks in Romania and also Bulgaria coming from Sale Advertising And Marketing. Simultaneously, Dante International, the manager of eMAG, will certainly become an investor in 2Performant.On September 6, 2Performant’s Board of Directors concluded a preparatory deal to acquire the Profitshare.ro and Profitshare.bg associate networks possessed by Sale Marketing S.R.L. and Conversion Marketing EOOD.
The deal outlines the guidelines of the transaction and is not lawfully binding, conforming to the provider press presented by Economedia.The procedure includes the transfer of the Profitshare organization lines coming from Conversion Advertising S.R.L. and also Conversion Advertising And Marketing EOOD (as dealers) to 2Performant (as the customer). Dante International S.A.
(large number shareholder of Sale Advertising S.R.L.) are going to be part of the business transmission agreement as a guarantor.” As soon as the Profitshare deal is actually finished, our experts are going to increase our present ability as well as diversify our customer profile in both Romania and also Bulgaria. Our company still possess a few vital actions to accomplish, however I am actually certain that the teams involved in the purchase on both edges are going to handle to accomplish them successfully. Our company will definitely reveal our post-acquisition plannings after finalizing the purchase according to the final agreement,” pointed out Dorin Boerescu, CEO as well as Founder of 2Performant System.The purchase cost is actually RON 4.3 thousand, as well as will certainly be paid out 55% in money as well as 45% in 2Performant portions with a resources boost..” 2Performant is a young and powerful provider with market values that resonate along with our team.
We assume that, after the deal is actually wrapped up, the Profitshare business blended with 2Performant will supply greater market value to its clients,” claimed Tudor Manea, General Manager of Dante International SA.2Performant also takes note that numerous steps remain to finish and also complete the purchase, like the prosperous finalization of the due diligence review through 2Performant.Profitshare was actually launched in 2012 and currently has a profile of 250 affiliate programs (consisting of the eMAG group) in Romania and also Bulgaria.radu@romania-insider.com.( Photo source: the provider).