.2Performant, a Romanian modern technology as well as affiliate marketing options company, declared on Monday, September 9, at the Bucharest Stock Market, that it plans to acquire the Profitshare associate networks in Romania and also Bulgaria coming from Transformation Advertising. Simultaneously, Dante International, the proprietor of eMAG, will definitely end up being a shareholder in 2Performant.On September 6, 2Performant’s Board of Supervisors wrapped up a preliminary deal to get the Profitshare.ro and also Profitshare.bg affiliate systems had by Sale Advertising S.R.L. as well as Transformation Advertising And Marketing EOOD.
The contract details the principles of the transaction as well as is not officially binding, corresponding to the company press pointed out through Economedia.The procedure entails the transmission of the Profitshare organization lines from Transformation Advertising S.R.L. as well as Transformation Advertising EOOD (as sellers) to 2Performant (as the shopper). Dante International S.A.
(bulk shareholder of Transformation Marketing S.R.L.) are going to be part of your business move agreement as an underwriter.” As soon as the Profitshare transaction is finished, we will increase our current capability and transform our client portfolio in both Romania as well as Bulgaria. Our team still possess a handful of important measures to finish, however I am actually certain that the crews associated with the deal on each sides will certainly take care of to accomplish all of them properly. Our experts are going to declare our post-acquisition strategies after completing the purchase according to the last contract,” pointed out Dorin Boerescu, Chief Executive Officer and also Founder of 2Performant System.The purchase cost is RON 4.3 million, and also are going to be actually spent 55% in money and 45% in 2Performant reveals with a capital increase..” 2Performant is actually a youthful and compelling company with values that resonate along with us.
Our experts expect that, after the deal is settled, the Profitshare organization incorporated along with 2Performant will certainly provide higher value to its customers,” stated Tudor Manea, General Supervisor of Dante International SA.2Performant also notes that numerous steps stay to finish and also complete the transaction, including the effective fulfillment of the as a result of persistance evaluation by 2Performant.Profitshare was actually introduced in 2012 and also currently possesses a profile of 250 associate programs (consisting of the eMAG team) in Romania and also Bulgaria.radu@romania-insider.com.( Picture source: the company).