Romanian affiliate advertising company 2Performant acquires Profitshare, companions with eMAG owner

.2Performant, a Romanian modern technology and affiliate marketing services business, declared on Monday, September 9, at the Bucharest Stock Market, that it means to acquire the Profitshare affiliate networks in Romania and Bulgaria from Sale Marketing. Concurrently, Dante International, the owner of eMAG, are going to become a shareholder in 2Performant.On September 6, 2Performant’s Panel of Supervisors wrapped up a preparatory contract to acquire the Profitshare.ro and Profitshare.bg partner networks possessed by Conversion Advertising S.R.L. and also Transformation Advertising And Marketing EOOD.

The agreement summarizes the concepts of the purchase and is certainly not legitimately binding, corresponding to the company push presented by Economedia.The operation entails the transmission of the Profitshare organization lines coming from Sale Advertising S.R.L. as well as Conversion Advertising And Marketing EOOD (as dealers) to 2Performant (as the customer). Dante International S.A.

(large number investor of Conversion Advertising and marketing S.R.L.) are going to belong to your business move arrangement as a backer.” The moment the Profitshare transaction is actually accomplished, we will certainly increase our current ability and transform our client collection in both Romania and also Bulgaria. Our experts still possess a couple of significant measures to complete, however I am positive that the teams involved in the deal on each edges will handle to finish all of them efficiently. Our experts are going to announce our post-acquisition programs after completing the acquisition depending on to the ultimate deal,” claimed Dorin Boerescu, Chief Executive Officer as well as Co-Founder of 2Performant System.The transaction rate is actually RON 4.3 thousand, and also will definitely be actually paid out 55% in money as well as forty five% in 2Performant reveals with a funds boost..” 2Performant is actually a young and powerful company along with worths that resonate along with our company.

Our company assume that, after the purchase is actually finalized, the Profitshare company integrated along with 2Performant will definitely deliver better value to its clients,” pointed out Tudor Manea, General Manager of Dante International SA.2Performant additionally notes that several measures stay to accomplish and also finalize the purchase, such as the successful conclusion of the as a result of persistance evaluation by 2Performant.Profitshare was introduced in 2012 and also currently has a profile of 250 affiliate plans (including the eMAG team) in Romania as well as Bulgaria.radu@romania-insider.com.( Picture resource: the company).