Romanian partner advertising and marketing provider 2Performant acquires Profitshare, partners along with eMAG proprietor

.2Performant, a Romanian innovation and also associate marketing answers firm, introduced on Monday, September 9, at the Bucharest Stock Exchange, that it plans to acquire the Profitshare partner networks in Romania and Bulgaria coming from Conversion Marketing. Simultaneously, Dante International, the manager of eMAG, will certainly become an investor in 2Performant.On September 6, 2Performant’s Board of Supervisors concluded a preliminary deal to get the Profitshare.ro as well as Profitshare.bg affiliate systems owned through Conversion Advertising And Marketing S.R.L. as well as Sale Marketing EOOD.

The deal describes the guidelines of the deal as well as is not legally binding, conforming to the business push pointed out by Economedia.The operation involves the move of the Profitshare company lines coming from Conversion Advertising S.R.L. and Transformation Advertising And Marketing EOOD (as homeowners) to 2Performant (as the buyer). Dante International S.A.

(large number investor of Sale Marketing S.R.L.) are going to be part of the business move deal as a guarantor.” Once the Profitshare transaction is accomplished, our team will grow our current capacity and also expand our client portfolio in both Romania and also Bulgaria. Our team still possess a handful of important steps to accomplish, but I am confident that the teams involved in the deal on both edges will definitely deal with to complete all of them effectively. Our company are going to reveal our post-acquisition programs after finalizing the acquisition according to the final contract,” claimed Dorin Boerescu, CEO as well as Founder of 2Performant Network.The purchase cost is actually RON 4.3 thousand, and also will definitely be actually paid for 55% in cash money and also forty five% in 2Performant shares by means of a resources rise..” 2Performant is a young as well as powerful provider along with worths that sound along with our team.

We anticipate that, after the transaction is actually completed, the Profitshare company incorporated with 2Performant is going to deliver greater worth to its own clients,” mentioned Tudor Manea, General Supervisor of Dante International SA.2Performant additionally takes note that a number of actions continue to be to finish as well as complete the purchase, such as the productive conclusion of the as a result of diligence study by 2Performant.Profitshare was launched in 2012 and presently has a collection of 250 affiliate programs (including the eMAG team) in Romania as well as Bulgaria.radu@romania-insider.com.( Photograph source: the business).