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Romanian affiliate advertising company 2Performant obtains Profitshare, partners with eMAG owner

.2Performant, a Romanian technology as well as associate marketing remedies provider, revealed on Monday, September 9, at the Bucharest Stock Market, that it plans to get the Profitshare associate networks in Romania and Bulgaria coming from Sale Marketing. Concurrently, Dante International, the owner of eMAG, will certainly come to be an investor in 2Performant.On September 6, 2Performant's Panel of Supervisors concluded a preliminary arrangement to obtain the Profitshare.ro and Profitshare.bg partner systems possessed by Sale Advertising And Marketing S.R.L. as well as Transformation Advertising EOOD. The agreement details the guidelines of the transaction and is actually not officially binding, corresponding to the firm press cited by Economedia.The operation entails the transmission of the Profitshare organization lines from Conversion Advertising and marketing S.R.L. and Sale Advertising And Marketing EOOD (as sellers) to 2Performant (as the buyer). Dante International S.A. (bulk shareholder of Sale Marketing S.R.L.) will certainly be part of your business move agreement as a backer." As soon as the Profitshare transaction is actually completed, our experts will expand our current ability and transform our client profile in both Romania and also Bulgaria. Our team still possess a few important actions to complete, yet I am certain that the staffs involved in the transaction on each sides are going to manage to complete all of them successfully. Our experts are going to declare our post-acquisition plans after wrapping up the acquisition according to the ultimate agreement," mentioned Dorin Boerescu, Chief Executive Officer and Founder of 2Performant Network.The purchase cost is actually RON 4.3 thousand, as well as will be actually paid 55% in cash money and forty five% in 2Performant reveals through a financing increase.." 2Performant is a young and also vibrant business along with worths that reverberate with our company. Our team assume that, after the transaction is completed, the Profitshare service integrated with 2Performant will certainly deliver more significant market value to its own clients," claimed Tudor Manea, General Manager of Dante International SA.2Performant also takes note that a number of steps remain to accomplish and finalize the purchase, such as the productive conclusion of the due diligence study through 2Performant.Profitshare was released in 2012 and also presently possesses a profile of 250 affiliate courses (featuring the eMAG team) in Romania as well as Bulgaria.radu@romania-insider.com.( Image source: the provider).