.2Performant, a Romanian modern technology and associate advertising remedies company, declared on Monday, September 9, at the Bucharest Stock Market, that it plans to acquire the Profitshare partner networks in Romania and Bulgaria from Sale Advertising And Marketing. Together, Dante International, the owner of eMAG, will come to be a shareholder in 2Performant.On September 6, 2Performant’s Panel of Supervisors ended a preparatory arrangement to get the Profitshare.ro and Profitshare.bg affiliate systems possessed by Transformation Advertising And Marketing S.R.L. and Transformation Marketing EOOD.
The contract describes the concepts of the deal as well as is actually not legally binding, corresponding to the company press cited through Economedia.The function includes the transmission of the Profitshare service lines from Sale Advertising S.R.L. and Transformation Advertising And Marketing EOOD (as sellers) to 2Performant (as the purchaser). Dante International S.A.
(bulk shareholder of Sale Advertising and marketing S.R.L.) will definitely be part of your business transfer agreement as a surety.” As soon as the Profitshare transaction is finished, our experts are going to increase our current capacity and transform our client collection in both Romania and Bulgaria. Our team still possess a handful of important measures to accomplish, however I am confident that the staffs associated with the transaction on both sides will certainly take care of to complete all of them effectively. Our experts will definitely introduce our post-acquisition plans after settling the investment according to the final contract,” stated Dorin Boerescu, Chief Executive Officer as well as Founder of 2Performant Network.The deal rate is actually RON 4.3 million, as well as will be paid 55% in cash and also 45% in 2Performant allotments with a resources increase..” 2Performant is a young as well as powerful firm along with values that reverberate with our company.
Our company expect that, after the transaction is settled, the Profitshare business mixed along with 2Performant will certainly deliver more significant worth to its customers,” stated Tudor Manea, General Supervisor of Dante International SA.2Performant also notes that numerous actions remain to finish as well as wrap up the deal, including the prosperous finalization of the due persistance analysis by 2Performant.Profitshare was released in 2012 and presently possesses a collection of 250 affiliate systems (including the eMAG group) in Romania and also Bulgaria.radu@romania-insider.com.( Photograph resource: the firm).