.2Performant, a Romanian technology and associate marketing remedies provider, revealed on Monday, September 9, at the Bucharest Stock Exchange, that it intends to obtain the Profitshare partner networks in Romania as well as Bulgaria coming from Sale Advertising. Concurrently, Dante International, the owner of eMAG, are going to come to be a shareholder in 2Performant.On September 6, 2Performant’s Board of Directors concluded a preparatory agreement to acquire the Profitshare.ro and also Profitshare.bg partner systems possessed through Sale Advertising And Marketing S.R.L. as well as Conversion Advertising EOOD.
The contract details the guidelines of the transaction and is certainly not officially binding, conforming to the firm press presented by Economedia.The function includes the transactions of the Profitshare company lines from Sale Advertising S.R.L. and Conversion Advertising EOOD (as vendors) to 2Performant (as the buyer). Dante International S.A.
(bulk shareholder of Transformation Advertising and marketing S.R.L.) will belong to the business transmission arrangement as a guarantor.” When the Profitshare purchase is accomplished, our team will certainly extend our existing capability and also expand our client collection in both Romania and Bulgaria. Our company still have a few vital actions to complete, but I am actually confident that the staffs associated with the transaction on each edges will certainly take care of to accomplish them efficiently. Our team are going to introduce our post-acquisition plannings after finalizing the purchase depending on to the final contract,” mentioned Dorin Boerescu, CEO and Founder of 2Performant Network.The transaction rate is actually RON 4.3 million, and will definitely be paid for 55% in cash as well as 45% in 2Performant shares through a funding rise..” 2Performant is a youthful and also dynamic provider with market values that resonate with our company.
We anticipate that, after the purchase is actually wrapped up, the Profitshare company integrated along with 2Performant will definitely provide more significant worth to its clients,” stated Tudor Manea, General Supervisor of Dante International SA.2Performant likewise keeps in mind that many steps continue to be to finish and wrap up the purchase, such as the productive fulfillment of the as a result of carefulness study by 2Performant.Profitshare was released in 2012 and also presently has a profile of 250 affiliate systems (featuring the eMAG group) in Romania and Bulgaria.radu@romania-insider.com.( Picture resource: the business).