.2Performant, a Romanian technology and associate marketing options company, announced on Monday, September 9, at the Bucharest Stock Exchange, that it aims to acquire the Profitshare partner networks in Romania as well as Bulgaria coming from Sale Marketing. Simultaneously, Dante International, the manager of eMAG, will definitely end up being a shareholder in 2Performant.On September 6, 2Performant’s Panel of Directors concluded an initial contract to obtain the Profitshare.ro and Profitshare.bg associate systems owned by Conversion Marketing S.R.L. and also Conversion Advertising EOOD.
The deal outlines the guidelines of the purchase and also is certainly not lawfully binding, according to the business press pointed out by Economedia.The function includes the transmission of the Profitshare organization lines from Conversion Advertising S.R.L. and Conversion Marketing EOOD (as vendors) to 2Performant (as the customer). Dante International S.A.
(majority investor of Sale Advertising S.R.L.) will definitely be part of business transmission deal as a guarantor.” When the Profitshare deal is completed, we are going to grow our current capability and expand our client profile in both Romania as well as Bulgaria. Our team still have a couple of crucial actions to complete, however I am actually confident that the crews involved in the deal on each edges will manage to finish all of them effectively. Our experts will definitely reveal our post-acquisition plans after wrapping up the investment according to the final deal,” stated Dorin Boerescu, CEO and also Founder of 2Performant System.The purchase cost is RON 4.3 million, and also will definitely be paid out 55% in money and 45% in 2Performant allotments with a funds boost..” 2Performant is actually a young and vibrant business along with worths that sound along with our team.
We assume that, after the deal is actually completed, the Profitshare service mixed with 2Performant will definitely supply more significant market value to its own clients,” said Tudor Manea, General Supervisor of Dante International SA.2Performant additionally notes that many measures remain to complete and complete the deal, including the productive completion of the due persistance study through 2Performant.Profitshare was introduced in 2012 and currently has a profile of 250 partner courses (featuring the eMAG team) in Romania as well as Bulgaria.radu@romania-insider.com.( Image source: the provider).