.2Performant, a Romanian modern technology and partner marketing services provider, introduced on Monday, September 9, at the Bucharest Stock Market, that it means to obtain the Profitshare affiliate systems in Romania and also Bulgaria coming from Sale Advertising And Marketing. At the same time, Dante International, the proprietor of eMAG, will definitely end up being an investor in 2Performant.On September 6, 2Performant’s Board of Directors ended a preliminary arrangement to acquire the Profitshare.ro and Profitshare.bg associate systems possessed by Sale Marketing S.R.L. and Transformation Advertising EOOD.
The arrangement outlines the guidelines of the purchase and is actually certainly not lawfully binding, conforming to the company push pointed out through Economedia.The operation involves the transfer of the Profitshare company lines from Conversion Advertising and marketing S.R.L. and also Sale Advertising EOOD (as sellers) to 2Performant (as the purchaser). Dante International S.A.
(a large number shareholder of Transformation Advertising S.R.L.) will certainly belong to business transfer contract as a guarantor.” Once the Profitshare deal is finished, our team will certainly expand our current capacity and diversify our client portfolio in both Romania as well as Bulgaria. Our company still have a handful of significant actions to finish, however I am positive that the groups associated with the transaction on each edges will certainly handle to complete them successfully. Our experts are going to reveal our post-acquisition plannings after finalizing the acquisition according to the last deal,” said Dorin Boerescu, Chief Executive Officer and also Co-Founder of 2Performant System.The purchase cost is actually RON 4.3 million, as well as will certainly be paid out 55% in money and also 45% in 2Performant allotments by means of a funding increase..” 2Performant is actually a young and also compelling firm with worths that resonate with our team.
We expect that, after the deal is actually finalized, the Profitshare business incorporated with 2Performant is going to supply more significant value to its clients,” claimed Tudor Manea, General Supervisor of Dante International SA.2Performant also notes that a number of steps stay to complete as well as finalize the purchase, like the prosperous finalization of the due persistance analysis by 2Performant.Profitshare was introduced in 2012 and currently has a portfolio of 250 affiliate courses (featuring the eMAG team) in Romania and also Bulgaria.radu@romania-insider.com.( Photo source: the company).