.2Performant, a Romanian technology and also affiliate advertising and 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 Bulgaria from Conversion Marketing. At the same time, Dante International, the manager of eMAG, will definitely come to be an investor in 2Performant.On September 6, 2Performant’s Panel of Directors ended a preparatory contract to get the Profitshare.ro and also Profitshare.bg partner networks owned by Transformation Marketing S.R.L. and also Transformation Marketing EOOD.
The contract outlines the concepts of the transaction and is certainly not lawfully binding, corresponding to the business push presented by Economedia.The operation includes the transfer of the Profitshare company lines from Transformation Marketing S.R.L. and also Sale Advertising EOOD (as dealers) to 2Performant (as the buyer). Dante International S.A.
(bulk investor of Transformation Advertising S.R.L.) are going to become part of your business transmission deal as a sponsor.” When the Profitshare purchase is completed, we will expand our existing ability and also expand our client profile in both Romania as well as Bulgaria. Our company still possess a couple of essential measures to accomplish, but I am positive that the crews associated with the transaction on both sides will certainly handle to finish them effectively. We are going to announce our post-acquisition programs after wrapping up the investment depending on to the last deal,” mentioned Dorin Boerescu, Chief Executive Officer and Founder of 2Performant System.The deal cost is actually RON 4.3 thousand, as well as will certainly be paid 55% in cash money and 45% in 2Performant allotments by means of a funds boost..” 2Performant is a young and also dynamic firm with worths that reverberate along with our team.
We anticipate that, after the transaction is completed, the Profitshare company incorporated along with 2Performant is going to deliver better value to its customers,” claimed Tudor Manea, General Supervisor of Dante International SA.2Performant additionally takes note that a number of steps remain to accomplish and also wrap up the transaction, such as the productive fulfillment of the as a result of persistance study through 2Performant.Profitshare was actually launched in 2012 and presently possesses a profile of 250 affiliate systems (consisting of the eMAG team) in Romania and also Bulgaria.radu@romania-insider.com.( Picture source: the firm).