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Romanian affiliate advertising company 2Performant acquires Profitshare, partners along with eMAG proprietor

.2Performant, a Romanian modern technology and also partner marketing remedies provider, introduced on Monday, September 9, at the Bucharest Stock Market, that it wants to acquire the Profitshare partner networks in Romania as well as Bulgaria coming from Transformation Advertising. Concurrently, Dante International, the owner of eMAG, are going to become an investor in 2Performant.On September 6, 2Performant's Panel of Supervisors ended a preparatory contract to get the Profitshare.ro and Profitshare.bg partner networks possessed by Transformation Marketing S.R.L. and Transformation Advertising EOOD. The agreement describes the concepts of the transaction and is actually certainly not legally binding, conforming to the business push pointed out by Economedia.The operation entails the move of the Profitshare company lines coming from Transformation Marketing S.R.L. and also Sale Marketing EOOD (as homeowners) to 2Performant (as the purchaser). Dante International S.A. (large number investor of Conversion Marketing S.R.L.) will definitely be part of the business transactions deal as a backer." As soon as the Profitshare transaction is actually finished, we will certainly broaden our existing capability and diversify our client collection in both Romania and also Bulgaria. Our team still possess a few essential measures to finish, yet I am certain that the groups involved in the purchase on each edges are going to manage to accomplish all of them successfully. Our experts are going to reveal our post-acquisition strategies after wrapping up the purchase according to the final contract," stated Dorin Boerescu, CEO and also Co-Founder of 2Performant Network.The purchase cost is actually RON 4.3 thousand, and also will definitely be actually paid 55% in cash and 45% in 2Performant shares through a funds boost.." 2Performant is a young and also vibrant business along with worths that reverberate with our company. Our company expect that, after the purchase is actually completed, the Profitshare company integrated with 2Performant will provide more significant market value to its customers," mentioned Tudor Manea, General Manager of Dante International SA.2Performant also keeps in mind that many measures stay to accomplish as well as settle the deal, including the prosperous completion of the as a result of diligence study through 2Performant.Profitshare was introduced in 2012 as well as currently possesses a portfolio of 250 associate systems (consisting of the eMAG group) in Romania and also Bulgaria.radu@romania-insider.com.( Photo source: the company).