.2Performant, a Romanian modern technology and also associate marketing options provider, revealed on Monday, September 9, at the Bucharest Stock Market, that it aims to obtain the Profitshare partner networks in Romania as well as Bulgaria coming from Conversion Advertising. Simultaneously, Dante International, the owner of eMAG, will definitely end up being an investor in 2Performant.On September 6, 2Performant’s Board of Supervisors concluded an initial contract to acquire the Profitshare.ro and also Profitshare.bg associate networks owned through Sale Advertising S.R.L. as well as Transformation Marketing EOOD.
The agreement describes the principles of the transaction and also is not lawfully binding, according to the provider push cited by Economedia.The function involves the move of the Profitshare company lines from Conversion Advertising and marketing S.R.L. and Conversion Advertising And Marketing EOOD (as vendors) to 2Performant (as the purchaser). Dante International S.A.
(majority shareholder of Sale Advertising and marketing S.R.L.) will certainly become part of the business transmission contract as a surety.” As soon as the Profitshare purchase is finished, our company will certainly increase our current capacity and expand our client portfolio in both Romania and also Bulgaria. Our experts still have a few necessary actions to accomplish, yet I am certain that the staffs associated with the purchase on each sides will definitely take care of to finish them properly. Our experts will certainly introduce our post-acquisition plans after completing the purchase according to the last arrangement,” stated Dorin Boerescu, Chief Executive Officer as well as Founder of 2Performant System.The purchase rate is actually RON 4.3 million, and also will definitely be actually spent 55% in cash money and also 45% in 2Performant reveals by means of a funding rise..” 2Performant is a young as well as compelling company with market values that sound along with our team.
Our experts expect that, after the purchase is actually wrapped up, the Profitshare organization mixed along with 2Performant is going to supply greater value to its own clients,” claimed Tudor Manea, General Supervisor of Dante International SA.2Performant likewise notes that a number of measures remain to accomplish as well as complete the transaction, like the prosperous conclusion of the due diligence review through 2Performant.Profitshare was introduced in 2012 and currently possesses a collection of 250 partner plans (featuring the eMAG team) in Romania and also Bulgaria.radu@romania-insider.com.( Photo source: the firm).