.2Performant, a Romanian modern technology and affiliate marketing solutions provider, introduced on Monday, September 9, at the Bucharest Stock Market, that it intends to acquire the Profitshare partner networks in Romania and Bulgaria from Conversion Marketing. All at once, Dante International, the manager of eMAG, will become an investor in 2Performant.On September 6, 2Performant’s Board of Supervisors wrapped up a preliminary contract to acquire the Profitshare.ro as well as Profitshare.bg associate systems had through Sale Marketing S.R.L. and also Sale Marketing EOOD.
The deal summarizes the guidelines of the transaction and is actually not legally binding, corresponding to the business push presented through Economedia.The procedure involves the move of the Profitshare business lines from Transformation Marketing S.R.L. as well as Transformation Advertising EOOD (as vendors) to 2Performant (as the customer). Dante International S.A.
(a large number shareholder of Transformation Advertising and marketing S.R.L.) will become part of your business move deal as an underwriter.” As soon as the Profitshare transaction is actually completed, we will extend our present capability and expand our customer collection in both Romania and Bulgaria. Our experts still possess a handful of essential actions to accomplish, but I am confident that the teams associated with the transaction on both sides are going to handle to finish all of them successfully. Our team will certainly reveal our post-acquisition plans after completing the investment depending on to the final deal,” mentioned Dorin Boerescu, Chief Executive Officer and Founder of 2Performant System.The purchase rate is RON 4.3 thousand, and will be actually paid out 55% in money and also 45% in 2Performant shares via a resources boost..” 2Performant is a young as well as vibrant provider with worths that sound with us.
We anticipate that, after the transaction is finalized, the Profitshare business mixed along with 2Performant will deliver higher worth to its clients,” claimed Tudor Manea, General Supervisor of Dante International SA.2Performant additionally takes note that a number of actions remain to complete and also complete the transaction, such as the successful conclusion of the as a result of diligence analysis through 2Performant.Profitshare was actually introduced in 2012 and currently has a collection of 250 partner systems (featuring the eMAG group) in Romania and Bulgaria.radu@romania-insider.com.( Photograph resource: the firm).