.2Performant, a Romanian innovation and also affiliate marketing solutions provider, announced on Monday, September 9, at the Bucharest Stock Market, that it aims to get the Profitshare associate networks in Romania and Bulgaria from Sale Advertising And Marketing. All at once, Dante International, the manager of eMAG, will certainly end up being an investor in 2Performant.On September 6, 2Performant’s Panel of Supervisors ended a preliminary contract to acquire the Profitshare.ro and Profitshare.bg associate systems had through Sale Advertising And Marketing S.R.L. and also Sale Advertising And Marketing EOOD.
The arrangement outlines the principles of the deal as well as is actually certainly not legitimately binding, conforming to the business press pointed out by Economedia.The function entails the transactions of the Profitshare service lines coming from Transformation Advertising and marketing S.R.L. and Sale Advertising EOOD (as vendors) to 2Performant (as the customer). Dante International S.A.
(majority shareholder of Conversion Marketing S.R.L.) are going to become part of the business transactions arrangement as a surety.” When the Profitshare purchase is actually completed, our company will definitely extend our present capability as well as diversify our customer portfolio in both Romania as well as Bulgaria. We still possess a handful of essential measures to finish, yet I am positive that the staffs associated with the transaction on both sides will certainly handle to complete all of them efficiently. Our experts will reveal our post-acquisition plannings after completing the purchase depending on to the ultimate contract,” mentioned Dorin Boerescu, Chief Executive Officer and Co-Founder of 2Performant Network.The deal price is actually RON 4.3 thousand, as well as will definitely be spent 55% in cash money and forty five% in 2Performant portions via a funds boost..” 2Performant is actually a young and dynamic business with values that resonate along with us.
Our experts anticipate that, after the transaction is settled, the Profitshare service combined along with 2Performant will definitely supply more significant worth to its clients,” pointed out Tudor Manea, General Supervisor of Dante International SA.2Performant likewise notes that several measures remain to finish and also wrap up the transaction, such as the successful fulfillment of the due persistance analysis through 2Performant.Profitshare was actually launched in 2012 as well as presently possesses a portfolio of 250 partner programs (consisting of the eMAG group) in Romania as well as Bulgaria.radu@romania-insider.com.( Image resource: the provider).