.2Performant, a Romanian modern technology and associate advertising solutions firm, announced on Monday, September 9, at the Bucharest Stock Exchange, that it plans to obtain the Profitshare associate networks in Romania as well as Bulgaria from Transformation Advertising. Concurrently, Dante International, the manager of eMAG, will come to be an investor in 2Performant.On September 6, 2Performant’s Board of Directors ended a preliminary deal to acquire the Profitshare.ro as well as Profitshare.bg affiliate networks owned through Sale Advertising And Marketing S.R.L. as well as Sale Advertising EOOD.
The arrangement lays out the guidelines of the deal and also is actually not legitimately binding, according to the business press pointed out through Economedia.The procedure involves the transactions of the Profitshare organization lines coming from Conversion Advertising and marketing S.R.L. and Sale Advertising And Marketing EOOD (as sellers) to 2Performant (as the purchaser). Dante International S.A.
(bulk investor of Sale Marketing S.R.L.) are going to belong to business transmission arrangement as a surety.” The moment the Profitshare purchase is actually finished, our team will certainly extend our existing capacity as well as transform our client profile in both Romania and also Bulgaria. We still possess a couple of significant measures to complete, however I am positive that the teams involved in the deal on both sides will take care of to finish them successfully. Our team are going to reveal our post-acquisition programs after wrapping up the acquisition according to the ultimate arrangement,” stated Dorin Boerescu, CEO and Founder of 2Performant System.The purchase rate is actually RON 4.3 thousand, as well as will be paid 55% in cash as well as forty five% in 2Performant shares via a capital boost..” 2Performant is actually a youthful as well as vibrant firm along with market values that reverberate with our team.
Our company anticipate that, after the purchase is wrapped up, the Profitshare service incorporated with 2Performant will certainly supply greater value to its own customers,” mentioned Tudor Manea, General Supervisor of Dante International SA.2Performant also keeps in mind that numerous measures stay to finish and also finalize the transaction, like the productive finalization of the as a result of carefulness study through 2Performant.Profitshare was released in 2012 and currently has a profile of 250 affiliate courses (featuring the eMAG group) in Romania and also Bulgaria.radu@romania-insider.com.( Photograph source: the company).