.2Performant, a Romanian modern technology and also associate advertising answers provider, introduced on Monday, September 9, at the Bucharest Stock Exchange, that it means to get the Profitshare partner networks in Romania and Bulgaria from Sale Advertising And Marketing. At the same time, Dante International, the owner of eMAG, will come to be an investor in 2Performant.On September 6, 2Performant’s Board of Supervisors ended a preparatory agreement to acquire the Profitshare.ro and Profitshare.bg associate networks possessed through Conversion Advertising And Marketing S.R.L. and also Conversion Advertising And Marketing EOOD.
The agreement lays out the concepts of the purchase as well as is not officially binding, conforming to the business press pointed out by Economedia.The operation entails the transfer of the Profitshare business lines coming from Transformation Advertising and marketing S.R.L. as well as Transformation Advertising EOOD (as vendors) to 2Performant (as the purchaser). Dante International S.A.
(large number investor of Transformation Advertising and marketing S.R.L.) will definitely become part of your business transmission deal as a sponsor.” The moment the Profitshare transaction is actually completed, our experts will grow our existing capability and also diversify our client collection in both Romania and also Bulgaria. Our team still possess a few essential measures to complete, however I am actually self-assured that the teams involved in the deal on both edges are going to handle to complete all of them effectively. Our team will definitely introduce our post-acquisition plans after wrapping up the acquisition according to the last agreement,” mentioned Dorin Boerescu, CEO and also Co-Founder of 2Performant System.The deal cost is RON 4.3 million, as well as will be spent 55% in cash money and also 45% in 2Performant reveals by means of a funds rise..” 2Performant is actually a younger as well as compelling business with market values that resonate with our company.
Our team expect that, after the deal is actually wrapped up, the Profitshare business mixed along with 2Performant will definitely deliver greater value to its own clients,” mentioned Tudor Manea, General Supervisor of Dante International SA.2Performant also keeps in mind that numerous actions remain to finish as well as settle the deal, like the productive finalization of the as a result of carefulness evaluation through 2Performant.Profitshare was actually introduced in 2012 and also presently possesses a collection of 250 associate courses (including the eMAG team) in Romania and Bulgaria.radu@romania-insider.com.( Photo source: the company).