.2Performant, a Romanian innovation and affiliate marketing services company, declared on Monday, September 9, at the Bucharest Stock Exchange, that it wants to obtain the Profitshare associate networks in Romania and also Bulgaria coming from Sale Advertising. All at once, Dante International, the manager of eMAG, will become a shareholder in 2Performant.On September 6, 2Performant’s Panel of Directors ended a preliminary contract to acquire the Profitshare.ro as well as Profitshare.bg partner networks owned through Transformation Advertising And Marketing S.R.L. and Sale Marketing EOOD.
The arrangement summarizes the concepts of the transaction and is actually certainly not legitimately binding, according to the business push mentioned by Economedia.The operation involves the transmission of the Profitshare company lines coming from Conversion Advertising S.R.L. and Sale Advertising EOOD (as dealers) to 2Performant (as the buyer). Dante International S.A.
(majority shareholder of Sale Marketing S.R.L.) will definitely become part of the business move contract as a guarantor.” As soon as the Profitshare deal is actually completed, our experts will extend our existing ability and transform our client collection in both Romania and also Bulgaria. Our team still have a couple of significant measures to accomplish, however I am positive that the crews associated with the deal on each sides will manage to complete them properly. Our company will certainly introduce our post-acquisition strategies after completing the purchase according to the ultimate deal,” stated Dorin Boerescu, CEO and Founder of 2Performant System.The purchase cost is RON 4.3 thousand, as well as will definitely be paid out 55% in cash and forty five% in 2Performant shares by means of a funding boost..” 2Performant is a youthful and also dynamic company along with values that reverberate with us.
We anticipate that, after the deal is actually settled, the Profitshare service incorporated along with 2Performant will certainly provide greater worth to its own clients,” claimed Tudor Manea, General Manager of Dante International SA.2Performant likewise takes note that a number of actions continue to be to complete as well as wrap up the purchase, like the effective finalization of the due diligence analysis through 2Performant.Profitshare was actually introduced in 2012 and also presently has a profile of 250 affiliate programs (featuring the eMAG group) in Romania and Bulgaria.radu@romania-insider.com.( Image source: the firm).