.2Performant, a Romanian modern technology and affiliate advertising and marketing remedies company, declared on Monday, September 9, at the Bucharest Stock Exchange, that it intends to obtain the Profitshare partner networks in Romania and also Bulgaria from Sale Advertising. All at once, Dante International, the owner of eMAG, will end up being an investor in 2Performant.On September 6, 2Performant’s Panel of Directors wrapped up a preparatory agreement to get the Profitshare.ro and also Profitshare.bg partner networks possessed through Conversion Advertising And Marketing S.R.L. and also Transformation Advertising EOOD.
The contract lays out the principles of the transaction and also is not legally binding, corresponding to the provider press presented through Economedia.The function includes the transactions of the Profitshare company lines from Sale Advertising S.R.L. and Sale Advertising EOOD (as sellers) to 2Performant (as the shopper). Dante International S.A.
(bulk investor of Conversion Advertising and marketing S.R.L.) will definitely belong to your business transfer arrangement as a guarantor.” Once the Profitshare deal is accomplished, we are going to broaden our current capacity as well as expand our customer portfolio in both Romania and also Bulgaria. Our company still possess a couple of necessary measures to accomplish, but I am actually self-assured that the teams involved in the deal on each edges will certainly deal with to complete all of them successfully. Our team will certainly introduce our post-acquisition plans after finalizing the acquisition according to the ultimate deal,” said Dorin Boerescu, CEO and also Co-Founder of 2Performant Network.The transaction rate is actually RON 4.3 thousand, as well as will be paid for 55% in cash money as well as forty five% in 2Performant allotments with a capital increase..” 2Performant is a younger and powerful company with values that sound with us.
Our team expect that, after the transaction is actually settled, the Profitshare business mixed along with 2Performant is going to deliver more significant value to its own clients,” stated Tudor Manea, General Supervisor of Dante International SA.2Performant additionally notes that many steps stay to accomplish and complete the purchase, such as the successful fulfillment of the as a result of persistance review through 2Performant.Profitshare was actually introduced in 2012 and also presently has a collection of 250 affiliate programs (consisting of the eMAG team) in Romania and Bulgaria.radu@romania-insider.com.( Picture resource: the provider).