.2Performant, a Romanian technology and associate advertising and marketing options company, introduced on Monday, September 9, at the Bucharest Stock Market, that it intends to obtain the Profitshare associate networks in Romania and also Bulgaria from Conversion Advertising And Marketing. Together, Dante International, the owner of eMAG, will become an investor in 2Performant.On September 6, 2Performant’s Panel of Directors concluded an initial arrangement to acquire the Profitshare.ro and Profitshare.bg associate networks had by Conversion Marketing S.R.L. as well as Sale Marketing EOOD.
The deal details the concepts of the transaction as well as is actually certainly not legally binding, corresponding to the firm push cited through 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 dealers) to 2Performant (as the purchaser). Dante International S.A.
(large number investor of Sale Marketing S.R.L.) are going to become part of the business transfer contract as a backer.” When the Profitshare transaction is accomplished, our company will extend our existing ability and transform our customer collection in both Romania as well as Bulgaria. We still have a few necessary actions to accomplish, yet I am actually certain that the staffs associated with the deal on each edges will take care of to complete all of them efficiently. Our team will announce our post-acquisition plannings after settling the purchase according to the ultimate arrangement,” claimed Dorin Boerescu, CEO and Founder of 2Performant System.The purchase rate is RON 4.3 million, and will certainly be actually paid out 55% in money as well as forty five% in 2Performant reveals through a funding rise..” 2Performant is a younger as well as compelling business with values that reverberate with us.
Our team assume that, after the purchase is actually wrapped up, the Profitshare organization combined along with 2Performant will definitely provide better worth to its customers,” said Tudor Manea, General Supervisor of Dante International SA.2Performant additionally notes that numerous measures stay to complete and also settle the transaction, like the productive completion of the as a result of diligence evaluation through 2Performant.Profitshare was actually released in 2012 as well as currently possesses a profile of 250 affiliate programs (including the eMAG team) in Romania and Bulgaria.radu@romania-insider.com.( Image source: the business).