Romanian associate marketing provider 2Performant obtains Profitshare, partners along with eMAG proprietor

.2Performant, a Romanian modern technology as well as affiliate marketing options firm, introduced on Monday, September 9, at the Bucharest Stock Exchange, that it means to get the Profitshare partner systems in Romania and Bulgaria from Transformation Marketing. Simultaneously, Dante International, the owner of eMAG, will certainly end up being a shareholder in 2Performant.On September 6, 2Performant’s Panel of Directors concluded a preparatory contract to acquire the Profitshare.ro and Profitshare.bg affiliate systems had by Sale Advertising And Marketing S.R.L. and also Transformation Advertising And Marketing EOOD.

The deal details the principles of the purchase and is certainly not lawfully binding, corresponding to the firm press pointed out by Economedia.The procedure involves the transactions of the Profitshare organization lines from Sale Advertising and marketing S.R.L. as well as Conversion Advertising And Marketing EOOD (as sellers) to 2Performant (as the buyer). Dante International S.A.

(majority shareholder of Conversion Marketing S.R.L.) will definitely be part of the business transactions agreement as a guarantor.” When the Profitshare transaction is finished, our team will definitely increase our current capability and also diversify our client portfolio in both Romania and also Bulgaria. Our experts still possess a couple of necessary actions to accomplish, however I am certain that the teams involved in the deal on both sides will certainly handle to finish all of them properly. We will definitely announce our post-acquisition plans after completing the investment depending on to the ultimate deal,” stated Dorin Boerescu, CEO and also Co-Founder of 2Performant System.The purchase price is actually RON 4.3 million, and also will be paid 55% in money and forty five% in 2Performant shares by means of a capital rise..” 2Performant is a younger and also dynamic company along with values that resonate with our company.

Our experts expect that, after the deal is actually wrapped up, the Profitshare business integrated with 2Performant will certainly supply better worth to its own clients,” stated Tudor Manea, General Manager of Dante International SA.2Performant likewise takes note that numerous measures continue to be to accomplish as well as settle the purchase, such as the successful completion of the as a result of persistance review through 2Performant.Profitshare was actually launched in 2012 and also presently has a portfolio of 250 associate programs (consisting of the eMAG team) in Romania and Bulgaria.radu@romania-insider.com.( Photograph source: the firm).