.2Performant, a Romanian technology and also affiliate advertising remedies firm, announced on Monday, September 9, at the Bucharest Stock Exchange, that it wants to get the Profitshare associate systems in Romania as well as Bulgaria from Transformation Marketing. All at once, Dante International, the manager of eMAG, will become an investor in 2Performant.On September 6, 2Performant’s Board of Directors concluded an initial contract to get the Profitshare.ro as well as Profitshare.bg associate networks had through Conversion Marketing S.R.L. as well as Conversion Marketing EOOD.
The deal summarizes the principles of the purchase as well as is not lawfully binding, conforming to the company press cited by Economedia.The procedure involves the move of the Profitshare company lines from Sale Advertising S.R.L. and also Transformation Marketing EOOD (as homeowners) to 2Performant (as the purchaser). Dante International S.A.
(large number shareholder of Conversion Marketing S.R.L.) will certainly be part of business transfer arrangement as a surety.” As soon as the Profitshare deal is accomplished, our experts will definitely increase our present capacity as well as diversify our client profile in both Romania and also Bulgaria. Our experts still possess a handful of vital steps to complete, yet I am actually confident that the teams associated with the purchase on each edges will certainly take care of to finish all of them properly. Our team will certainly declare our post-acquisition plans after finalizing the investment according to the final deal,” mentioned Dorin Boerescu, CEO and also Co-Founder of 2Performant Network.The transaction cost is RON 4.3 million, as well as will definitely be paid for 55% in money and forty five% in 2Performant portions via a resources increase..” 2Performant is actually a young and also vibrant provider with values that reverberate with our team.
Our experts anticipate that, after the deal is settled, the Profitshare organization mixed with 2Performant will certainly provide greater worth to its customers,” mentioned Tudor Manea, General Manager of Dante International SA.2Performant likewise keeps in mind that a number of steps continue to be to accomplish as well as settle the deal, like the successful completion of the due carefulness review through 2Performant.Profitshare was actually introduced in 2012 as well as presently possesses a profile of 250 partner programs (consisting of the eMAG team) in Romania and Bulgaria.radu@romania-insider.com.( Photograph resource: the company).