.2Performant, a Romanian technology and affiliate marketing answers provider, introduced on Monday, September 9, at the Bucharest Stock Exchange, that it intends to obtain the Profitshare affiliate systems in Romania and also Bulgaria from Conversion Advertising And Marketing. At the same time, Dante International, the manager of eMAG, are going to end up being an investor in 2Performant.On September 6, 2Performant’s Board of Supervisors concluded a preparatory agreement to acquire the Profitshare.ro and also Profitshare.bg partner systems had through Sale Advertising And Marketing S.R.L. and Conversion Marketing EOOD.
The arrangement details the concepts of the transaction as well as is not legitimately binding, corresponding to the firm press pointed out by Economedia.The operation includes the transmission of the Profitshare service lines from Sale Marketing S.R.L. and also Sale Advertising EOOD (as homeowners) to 2Performant (as the customer). Dante International S.A.
(majority shareholder of Sale Marketing S.R.L.) are going to become part of business move agreement as a guarantor.” Once the Profitshare transaction is completed, our team will broaden our current capacity and also transform our customer profile in both Romania as well as Bulgaria. Our company still have a few essential measures to complete, however I am actually certain that the teams associated with the transaction on both sides will definitely take care of to complete all of them effectively. Our experts will certainly announce our post-acquisition plannings after wrapping up the purchase depending on to the final deal,” pointed out Dorin Boerescu, Chief Executive Officer as well as Co-Founder of 2Performant Network.The purchase price is actually RON 4.3 million, and will definitely be actually paid out 55% in cash money and 45% in 2Performant portions by means of a resources rise..” 2Performant is a young and dynamic provider along with values that reverberate along with us.
Our company assume that, after the deal is actually settled, the Profitshare service combined with 2Performant will definitely deliver better market value to its own customers,” claimed Tudor Manea, General Manager of Dante International SA.2Performant also notes that many actions continue to be to complete and finalize the transaction, like the effective completion of the due persistance review through 2Performant.Profitshare was released in 2012 and also presently has a profile of 250 affiliate courses (featuring the eMAG group) in Romania and Bulgaria.radu@romania-insider.com.( Photo resource: the business).