Romanian partner advertising company 2Performant acquires Profitshare, companions along with eMAG manager

.2Performant, a Romanian modern technology and partner advertising and marketing options provider, introduced on Monday, September 9, at the Bucharest Stock Market, that it aims to get the Profitshare affiliate networks in Romania and also Bulgaria coming from Transformation Advertising. Simultaneously, Dante International, the owner of eMAG, will certainly come to be an investor in 2Performant.On September 6, 2Performant’s Panel of Directors ended a preliminary contract to get the Profitshare.ro and Profitshare.bg partner systems owned by Conversion Advertising S.R.L. and Sale Advertising EOOD.

The contract describes the principles of the purchase as well as is not officially binding, according to the company press cited through Economedia.The procedure includes the transfer of the Profitshare company lines from Transformation Advertising S.R.L. and also Conversion Advertising And Marketing EOOD (as dealers) to 2Performant (as the buyer). Dante International S.A.

(bulk investor of Transformation Advertising S.R.L.) will definitely be part of business transfer agreement as an underwriter.” As soon as the Profitshare purchase is actually accomplished, we are going to extend our existing ability as well as transform our customer portfolio in both Romania and Bulgaria. We still have a few crucial steps to finish, yet I am confident that the groups associated with the deal on both sides will take care of to finish all of them efficiently. Our experts are going to declare our post-acquisition programs after finalizing the purchase according to the last contract,” mentioned Dorin Boerescu, Chief Executive Officer and also Founder of 2Performant Network.The purchase price is RON 4.3 thousand, and also are going to be actually paid for 55% in cash as well as forty five% in 2Performant reveals with a capital boost..” 2Performant is a younger and also compelling business with values that sound along with our company.

Our company anticipate that, after the purchase is finalized, the Profitshare organization integrated with 2Performant is going to provide better market value to its own clients,” claimed Tudor Manea, General Manager of Dante International SA.2Performant additionally notes that several steps remain to finish and also wrap up the deal, like the prosperous finalization of the as a result of carefulness evaluation through 2Performant.Profitshare was introduced in 2012 as well as currently possesses a collection of 250 partner courses (consisting of the eMAG group) in Romania and Bulgaria.radu@romania-insider.com.( Image source: the business).