Romanian partner marketing firm 2Performant acquires Profitshare, partners with eMAG proprietor

.2Performant, a Romanian technology and affiliate marketing remedies company, introduced on Monday, September 9, at the Bucharest Stock Market, that it wants to get the Profitshare associate systems in Romania and also Bulgaria coming from Sale Marketing. Simultaneously, Dante International, the manager of eMAG, will certainly become a shareholder in 2Performant.On September 6, 2Performant’s Board of Directors ended a preliminary arrangement to acquire the Profitshare.ro and also Profitshare.bg affiliate systems had by Sale Advertising S.R.L. as well as Transformation Advertising EOOD.

The agreement outlines the concepts of the transaction and is not legally binding, corresponding to the provider press presented through Economedia.The operation entails the move of the Profitshare organization lines coming from Sale Advertising and marketing S.R.L. and also Sale Advertising And Marketing EOOD (as homeowners) to 2Performant (as the purchaser). Dante International S.A.

(bulk investor of Sale Marketing S.R.L.) will definitely be part of the business transfer agreement as a guarantor.” When the Profitshare deal is actually accomplished, our team are going to increase our present capability and also expand our client profile in both Romania and Bulgaria. We still possess a few crucial steps to complete, yet I am certain that the staffs associated with the deal on each edges will definitely handle to accomplish all of them properly. Our experts will certainly announce our post-acquisition plannings after wrapping up the acquisition depending on to the final contract,” said Dorin Boerescu, CEO as well as Founder of 2Performant System.The deal rate is actually RON 4.3 thousand, as well as will certainly be actually spent 55% in cash money as well as forty five% in 2Performant shares with a funds increase..” 2Performant is a younger and also powerful company along with worths that sound with us.

Our experts expect that, after the purchase is wrapped up, the Profitshare business blended along with 2Performant will definitely deliver more significant market value to its own clients,” pointed out Tudor Manea, General Supervisor of Dante International SA.2Performant likewise notes that a number of measures stay to accomplish and also wrap up the deal, such as the effective finalization of the due carefulness review through 2Performant.Profitshare was actually launched in 2012 and presently possesses a portfolio of 250 partner programs (featuring the eMAG group) in Romania as well as Bulgaria.radu@romania-insider.com.( Picture source: the business).