.2Performant, a Romanian innovation and also partner marketing answers company, introduced on Monday, September 9, at the Bucharest Stock Market, that it aims to get the Profitshare partner systems in Romania as well as Bulgaria from Conversion Advertising. Concurrently, Dante International, the owner of eMAG, will end up being an investor in 2Performant.On September 6, 2Performant’s Board of Supervisors ended a preparatory agreement to obtain the Profitshare.ro as well as Profitshare.bg associate networks possessed through Conversion Marketing S.R.L. as well as Sale Advertising EOOD.
The deal describes the concepts of the transaction and also is not legally binding, conforming to the company push presented through Economedia.The procedure involves the transfer of the Profitshare organization lines coming from Sale Advertising and marketing S.R.L. and also Sale Advertising EOOD (as sellers) to 2Performant (as the shopper). Dante International S.A.
(a large number shareholder of Sale Advertising and marketing S.R.L.) will certainly become part of the business move deal as an underwriter.” As soon as the Profitshare deal is accomplished, we are going to broaden our existing ability as well as diversify our client collection in both Romania as well as Bulgaria. Our team still possess a handful of vital measures to finish, yet I am self-assured that the teams involved in the deal on each sides will deal with to finish all of them efficiently. Our team will certainly reveal our post-acquisition programs after wrapping up the purchase depending on to the final deal,” mentioned Dorin Boerescu, CEO and Co-Founder of 2Performant Network.The purchase price is RON 4.3 thousand, and will definitely be actually paid for 55% in cash money and forty five% in 2Performant shares through a capital rise..” 2Performant is actually a younger and also dynamic company along with market values that sound with our company.
We assume that, after the transaction is actually completed, the Profitshare company incorporated along with 2Performant will certainly deliver better worth to its own customers,” pointed out Tudor Manea, General Manager of Dante International SA.2Performant likewise notes that many actions stay to accomplish and wrap up the purchase, like the successful fulfillment of the as a result of carefulness study by 2Performant.Profitshare was actually released in 2012 and also currently has a profile of 250 affiliate systems (featuring the eMAG team) in Romania and also Bulgaria.radu@romania-insider.com.( Image source: the firm).