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Romanian associate advertising and marketing business 2Performant gets Profitshare, partners along with eMAG proprietor

.2Performant, a Romanian technology as well as associate advertising and marketing answers company, revealed on Monday, September 9, at the Bucharest Stock Market, that it wants to acquire the Profitshare associate networks in Romania and also Bulgaria from Transformation Advertising And Marketing. Together, Dante International, the owner of eMAG, will certainly end up being an investor in 2Performant.On September 6, 2Performant's Board of Supervisors ended a preliminary arrangement to get the Profitshare.ro as well as Profitshare.bg partner networks possessed through Sale Marketing S.R.L. and also Conversion Marketing EOOD. The arrangement lays out the guidelines of the purchase and also is actually not officially binding, according to the provider push pointed out through Economedia.The procedure includes the transmission of the Profitshare service lines from Conversion Marketing S.R.L. and Conversion Marketing EOOD (as sellers) to 2Performant (as the customer). Dante International S.A. (a large number investor of Conversion Advertising S.R.L.) will be part of the business move deal as a sponsor." When the Profitshare transaction is finished, our team will definitely grow our existing capability as well as expand our customer portfolio in both Romania and Bulgaria. We still possess a handful of essential measures to finish, but I am certain that the crews associated with the purchase on each sides are going to handle to finish them successfully. Our company are going to declare our post-acquisition plans after completing the acquisition according to the final arrangement," stated Dorin Boerescu, CEO and also Founder of 2Performant Network.The purchase price is actually RON 4.3 million, as well as are going to be actually paid 55% in money as well as 45% in 2Performant reveals through a funds increase.." 2Performant is actually a younger and also powerful provider with market values that sound with our company. Our team anticipate that, after the purchase is actually settled, the Profitshare business blended along with 2Performant will definitely supply more significant worth to its own customers," stated Tudor Manea, General Manager of Dante International SA.2Performant likewise notes that several measures stay to complete and wrap up the purchase, like the prosperous completion of the as a result of persistance review through 2Performant.Profitshare was launched in 2012 and also currently possesses a collection of 250 associate programs (including the eMAG team) in Romania and Bulgaria.radu@romania-insider.com.( Image source: the company).