Romanian associate advertising company 2Performant obtains Profitshare, partners along with eMAG manager

.2Performant, a Romanian technology and also partner marketing solutions business, announced on Monday, September 9, at the Bucharest Stock Market, that it means to acquire the Profitshare associate systems in Romania and Bulgaria from Sale Marketing. At the same time, Dante International, the owner of eMAG, are going to come to be an investor in 2Performant.On September 6, 2Performant’s Panel of Directors ended an initial arrangement to get the Profitshare.ro and also Profitshare.bg associate networks owned through Sale Advertising And Marketing S.R.L. and also Transformation Marketing EOOD.

The agreement outlines the guidelines of the purchase and also is not lawfully binding, according to the firm push mentioned by Economedia.The function involves the move of the Profitshare service lines coming from Conversion Advertising S.R.L. and also Conversion Marketing EOOD (as sellers) to 2Performant (as the buyer). Dante International S.A.

(majority investor of Sale Advertising S.R.L.) are going to become part of the business move arrangement as an underwriter.” The moment the Profitshare deal is actually accomplished, our team will definitely expand our current ability and also diversify our client portfolio in both Romania and also Bulgaria. Our company still possess a handful of crucial measures to accomplish, however I am actually certain that the staffs involved in the transaction on both edges are going to handle to finish them properly. Our experts will announce our post-acquisition programs after wrapping up the acquisition depending on to the last deal,” said Dorin Boerescu, Chief Executive Officer and also Founder of 2Performant Network.The purchase price is actually RON 4.3 thousand, as well as are going to be paid 55% in cash money and also forty five% in 2Performant shares by means of a financing rise..” 2Performant is a young and powerful provider with worths that reverberate with our team.

Our team assume that, after the transaction is actually finalized, the Profitshare company incorporated with 2Performant will certainly provide greater market value to its customers,” said Tudor Manea, General Manager of Dante International SA.2Performant likewise takes note that several actions stay to finish as well as complete the transaction, including the effective fulfillment of the due carefulness study through 2Performant.Profitshare was released in 2012 and also presently has a portfolio of 250 associate plans (including the eMAG group) in Romania and Bulgaria.radu@romania-insider.com.( Photo source: the company).