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Romanian affiliate marketing provider 2Performant gets Profitshare, partners along with eMAG manager

.2Performant, a Romanian technology and also partner marketing services firm, revealed on Monday, September 9, at the Bucharest Stock Market, that it plans to acquire the Profitshare partner networks in Romania as well as Bulgaria from Sale Marketing. Simultaneously, Dante International, the proprietor of eMAG, are going to end up being a shareholder in 2Performant.On September 6, 2Performant's Panel of Supervisors wrapped up a preparatory arrangement to get the Profitshare.ro as well as Profitshare.bg affiliate systems had by Conversion Advertising S.R.L. as well as Transformation Advertising And Marketing EOOD. The contract outlines the guidelines of the deal and is not lawfully binding, according to the firm press cited through Economedia.The operation involves the transfer of the Profitshare business lines from Conversion Advertising and marketing S.R.L. and Conversion Advertising EOOD (as homeowners) to 2Performant (as the customer). Dante International S.A. (majority investor of Conversion Marketing S.R.L.) are going to become part of the business transfer agreement as a sponsor." Once the Profitshare deal is actually completed, our company will grow our present ability as well as diversify our client portfolio in both Romania and Bulgaria. Our experts still possess a few important actions to finish, but I am actually confident that the groups associated with the deal on each edges are going to take care of to accomplish all of them efficiently. Our team are going to reveal our post-acquisition plannings after wrapping up the purchase according to the final agreement," stated Dorin Boerescu, CEO as well as Founder of 2Performant Network.The deal cost is actually RON 4.3 million, and also will definitely be actually paid 55% in cash and 45% in 2Performant shares by means of a financing boost.." 2Performant is a younger as well as dynamic provider with values that sound along with us. Our company anticipate that, after the purchase is finalized, the Profitshare organization blended along with 2Performant will deliver greater market value to its customers," pointed out Tudor Manea, General Manager of Dante International SA.2Performant additionally notes that many actions stay to accomplish and complete the purchase, such as the effective completion of the due persistance analysis by 2Performant.Profitshare was actually released in 2012 as well as presently has a profile of 250 partner programs (including the eMAG group) in Romania as well as Bulgaria.radu@romania-insider.com.( Image source: the company).

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