.2Performant, a Romanian technology and associate advertising remedies firm, revealed on Monday, September 9, at the Bucharest Stock Exchange, that it wants to get the Profitshare affiliate networks in Romania and also Bulgaria coming from Sale Advertising. Together, Dante International, the manager of eMAG, are going to end up being an investor in 2Performant.On September 6, 2Performant’s Panel of Supervisors ended a preparatory deal to obtain the Profitshare.ro and also Profitshare.bg partner networks possessed by Transformation Advertising S.R.L. and also Sale Marketing EOOD.
The agreement describes the concepts of the deal and is actually certainly not officially binding, corresponding to the business press pointed out through Economedia.The procedure entails the move of the Profitshare service lines from Transformation Advertising and marketing S.R.L. and Transformation Advertising EOOD (as dealers) to 2Performant (as the purchaser). Dante International S.A.
(a large number shareholder of Sale Advertising S.R.L.) will certainly be part of business transactions contract as a guarantor.” Once the Profitshare transaction is finished, our experts will definitely grow our current capability and also diversify our customer profile in both Romania as well as Bulgaria. We still possess a handful of essential measures to finish, however I am positive that the crews associated with the transaction on each sides will definitely deal with to complete all of them efficiently. We will certainly reveal our post-acquisition plannings after completing the acquisition depending on to the final contract,” pointed out Dorin Boerescu, Chief Executive Officer and Founder of 2Performant System.The transaction price is RON 4.3 thousand, and will definitely be paid out 55% in money as well as 45% in 2Performant allotments through a resources increase..” 2Performant is a young as well as dynamic business along with market values that reverberate along with us.
Our team anticipate that, after the transaction is completed, the Profitshare company incorporated along with 2Performant will deliver better value to its own clients,” claimed Tudor Manea, General Supervisor of Dante International SA.2Performant likewise takes note that numerous steps continue to be to complete and settle the purchase, like the prosperous finalization of the due persistance analysis by 2Performant.Profitshare was introduced in 2012 and presently possesses a portfolio of 250 partner plans (consisting of the eMAG group) in Romania and also Bulgaria.radu@romania-insider.com.( Photo source: the provider).