.2Performant, a Romanian innovation as well as affiliate marketing services business, announced on Monday, September 9, at the Bucharest Stock Exchange, that it wants to acquire the Profitshare affiliate networks in Romania and Bulgaria coming from Sale Advertising And Marketing. Concurrently, Dante International, the manager of eMAG, will certainly come to be a shareholder in 2Performant.On September 6, 2Performant’s Panel of Directors wrapped up a preliminary agreement to get the Profitshare.ro and Profitshare.bg affiliate networks had through Sale Advertising And Marketing S.R.L. and Sale Advertising And Marketing EOOD.
The deal outlines the principles of the purchase as well as is not legally binding, conforming to the provider press presented through Economedia.The operation entails the transmission of the Profitshare company lines coming from Transformation Marketing S.R.L. as well as Sale Advertising And Marketing EOOD (as vendors) to 2Performant (as the customer). Dante International S.A.
(large number investor of Transformation Marketing S.R.L.) will be part of business transactions deal as a sponsor.” As soon as the Profitshare transaction is actually finished, we will definitely expand our current capacity as well as diversify our client collection in both Romania as well as Bulgaria. We still have a handful of crucial actions to complete, yet I am actually certain that the crews associated with the deal on both sides will certainly handle to complete all of them properly. Our team are going to declare our post-acquisition strategies after wrapping up the purchase depending on to the ultimate agreement,” claimed Dorin Boerescu, Chief Executive Officer as well as Co-Founder of 2Performant System.The purchase rate is actually RON 4.3 thousand, and also are going to be paid 55% in cash and 45% in 2Performant reveals with a funding boost..” 2Performant is a youthful and also compelling provider with values that sound along with our team.
We expect that, after the transaction is finalized, the Profitshare service integrated with 2Performant will definitely deliver higher worth to its clients,” mentioned Tudor Manea, General Supervisor of Dante International SA.2Performant additionally keeps in mind that numerous actions remain to finish as well as complete the purchase, including the effective completion of the due diligence evaluation through 2Performant.Profitshare was actually launched in 2012 as well as currently possesses a collection of 250 partner programs (featuring the eMAG group) in Romania as well as Bulgaria.radu@romania-insider.com.( Photo resource: the business).