.2Performant, a Romanian technology and affiliate marketing services provider, announced on Monday, September 9, at the Bucharest Stock Exchange, that it intends to acquire the Profitshare affiliate systems in Romania and also Bulgaria coming from Sale Marketing. Simultaneously, Dante International, the owner of eMAG, will certainly end up being an investor in 2Performant.On September 6, 2Performant’s Board of Directors ended a preliminary agreement to obtain the Profitshare.ro as well as Profitshare.bg partner networks owned through Conversion Advertising And Marketing S.R.L. and also Conversion Advertising EOOD.
The arrangement summarizes the concepts of the deal as well as is not lawfully binding, according to the firm push presented by Economedia.The function involves the move of the Profitshare service lines from Sale Advertising and marketing S.R.L. and Sale Advertising And Marketing EOOD (as sellers) to 2Performant (as the buyer). Dante International S.A.
(bulk shareholder of Sale Advertising and marketing S.R.L.) will become part of business transmission agreement as a backer.” The moment the Profitshare deal is actually completed, our team are going to expand our present capacity and also expand our client profile in both Romania and also Bulgaria. Our company still have a few significant steps to complete, however I am actually confident that the crews associated with the purchase on each sides are going to take care of to accomplish them properly. We are going to declare our post-acquisition strategies after finalizing the purchase depending on to the ultimate contract,” claimed Dorin Boerescu, CEO as well as Founder of 2Performant System.The purchase rate is actually RON 4.3 million, as well as will be actually paid for 55% in cash money and forty five% in 2Performant portions with a resources boost..” 2Performant is actually a young and also compelling provider along with worths that sound along with our team.
Our team expect that, after the transaction is finalized, the Profitshare organization integrated along with 2Performant will definitely supply higher market value to its own customers,” pointed out Tudor Manea, General Supervisor of Dante International SA.2Performant likewise takes note that a number of actions continue to be to finish and also wrap up the transaction, including the successful conclusion of the as a result of persistance study through 2Performant.Profitshare was actually introduced in 2012 and presently has a portfolio of 250 associate programs (including the eMAG group) in Romania as well as Bulgaria.radu@romania-insider.com.( Picture resource: the business).