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

.2Performant, a Romanian technology and also partner marketing options firm, introduced on Monday, September 9, at the Bucharest Stock Market, that it intends to acquire the Profitshare partner networks in Romania and Bulgaria coming from Sale Advertising And Marketing. Together, Dante International, the owner of eMAG, will definitely end up being an investor in 2Performant.On September 6, 2Performant’s Board of Supervisors ended an initial contract to acquire the Profitshare.ro and also Profitshare.bg associate networks had through Conversion Advertising And Marketing S.R.L. and also Transformation Marketing EOOD.

The contract lays out the guidelines of the transaction as well as is not officially binding, conforming to the business push cited through Economedia.The operation includes the transfer of the Profitshare business lines from Sale Marketing S.R.L. as well as Transformation Advertising And Marketing EOOD (as sellers) to 2Performant (as the customer). Dante International S.A.

(a large number investor of Transformation Advertising and marketing S.R.L.) will definitely be part of the business transmission contract as a surety.” When the Profitshare deal is completed, our company will grow our present ability and expand our client collection in both Romania and also Bulgaria. We still possess a few important steps to finish, however I am actually positive that the groups involved in the transaction on each edges are going to deal with to complete them efficiently. We are going to reveal our post-acquisition plannings after finalizing the acquisition depending on to the last deal,” mentioned Dorin Boerescu, Chief Executive Officer and also Co-Founder of 2Performant System.The transaction cost is actually RON 4.3 thousand, and also are going to be paid 55% in money and 45% in 2Performant reveals with a capital rise..” 2Performant is a younger and also compelling provider with worths that reverberate along with our company.

Our team expect that, after the purchase is actually settled, the Profitshare company incorporated along with 2Performant will certainly deliver more significant market value to its own customers,” stated Tudor Manea, General Supervisor of Dante International SA.2Performant additionally notes that many steps remain to finish and finalize the purchase, including the productive finalization of the as a result of carefulness evaluation through 2Performant.Profitshare was actually released in 2012 and presently has a portfolio of 250 associate systems (featuring the eMAG group) in Romania and also Bulgaria.radu@romania-insider.com.( Image resource: the company).