.2Performant, a Romanian innovation and associate advertising and marketing services company, revealed on Monday, September 9, at the Bucharest Stock Exchange, that it wants to obtain the Profitshare affiliate networks in Romania and also Bulgaria from Sale Advertising And Marketing. All at once, Dante International, the manager of eMAG, will end up being a shareholder in 2Performant.On September 6, 2Performant’s Panel of Directors wrapped up a preliminary contract to acquire the Profitshare.ro as well as Profitshare.bg affiliate systems had through Sale Advertising And Marketing S.R.L. as well as Conversion Advertising EOOD.
The arrangement details the guidelines of the purchase and is actually certainly not officially binding, according to the provider push mentioned through Economedia.The procedure includes the transactions of the Profitshare service lines from Conversion Advertising and marketing S.R.L. and also Transformation Advertising And Marketing EOOD (as dealers) to 2Performant (as the customer). Dante International S.A.
(a large number investor of Sale Marketing S.R.L.) will certainly become part of business transmission agreement as a guarantor.” Once the Profitshare purchase is accomplished, our company are going to broaden our existing capacity and transform our client portfolio in both Romania and also Bulgaria. Our experts still possess a few necessary actions to complete, yet I am self-assured that the crews associated with the purchase on each sides will certainly deal with to accomplish all of them properly. We will reveal our post-acquisition plans after finalizing the investment according to the final deal,” stated Dorin Boerescu, CEO as well as Co-Founder of 2Performant Network.The purchase price is RON 4.3 million, as well as will definitely be actually paid 55% in cash and also 45% in 2Performant reveals by means of a financing boost..” 2Performant is actually a younger and also compelling company along with values that resonate along with our company.
Our experts anticipate that, after the purchase is wrapped up, the Profitshare business combined with 2Performant will certainly supply more significant market value to its clients,” mentioned Tudor Manea, General Supervisor of Dante International SA.2Performant additionally keeps in mind that a number of measures remain to accomplish as well as complete the transaction, such as the effective finalization of the due diligence analysis through 2Performant.Profitshare was launched in 2012 as well as presently possesses a collection of 250 affiliate courses (consisting of the eMAG group) in Romania and Bulgaria.radu@romania-insider.com.( Image resource: the provider).