.2Performant, a Romanian technology as well as affiliate advertising and marketing remedies provider, announced on Monday, September 9, at the Bucharest Stock Exchange, that it intends to get the Profitshare partner systems in Romania and also Bulgaria from Sale Marketing. At the same time, Dante International, the proprietor of eMAG, will definitely end up being a shareholder in 2Performant.On September 6, 2Performant’s Panel of Directors wrapped up a preliminary agreement to obtain the Profitshare.ro and Profitshare.bg associate networks had by Transformation Advertising S.R.L. as well as Sale Marketing EOOD.
The deal lays out the concepts of the transaction and is actually certainly not officially binding, corresponding to the provider press mentioned by Economedia.The operation involves the transfer of the Profitshare company lines from Transformation Advertising and marketing S.R.L. and Transformation Marketing EOOD (as sellers) to 2Performant (as the shopper). Dante International S.A.
(majority investor of Sale Advertising S.R.L.) are going to be part of business transactions arrangement as a guarantor.” As soon as the Profitshare purchase is completed, our experts will broaden our current ability and expand our client profile in both Romania and Bulgaria. Our company still possess a few necessary actions to finish, but I am confident that the teams associated with the deal on each sides will certainly handle to complete all of them efficiently. Our company will declare our post-acquisition plans after settling the acquisition depending on to the last arrangement,” stated Dorin Boerescu, Chief Executive Officer and Founder of 2Performant Network.The transaction price is actually RON 4.3 thousand, as well as are going to be actually paid for 55% in money as well as forty five% in 2Performant shares by means of a financing rise..” 2Performant is actually a young and also powerful provider with market values that reverberate along with us.
We anticipate that, after the purchase is actually completed, the Profitshare business blended along with 2Performant will certainly deliver better worth to its clients,” claimed Tudor Manea, General Supervisor of Dante International SA.2Performant additionally keeps in mind that several steps remain to complete as well as complete the transaction, including the effective conclusion of the due persistance analysis by 2Performant.Profitshare was actually introduced in 2012 and also presently possesses a profile of 250 associate programs (consisting of the eMAG group) in Romania and Bulgaria.radu@romania-insider.com.( Image resource: the provider).