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Romanian partner advertising and marketing provider 2Performant gets Profitshare, partners along with eMAG owner

.2Performant, a Romanian innovation and partner marketing services company, announced on Monday, September 9, at the Bucharest Stock Market, that it wants to acquire the Profitshare affiliate networks in Romania and also Bulgaria from Transformation Advertising And Marketing. At the same time, Dante International, the manager of eMAG, will definitely become a shareholder in 2Performant.On September 6, 2Performant's Board of Directors wrapped up a preliminary arrangement to get the Profitshare.ro and also Profitshare.bg partner systems possessed through Transformation Advertising S.R.L. and Conversion Marketing EOOD. The agreement summarizes the principles of the transaction as well as is certainly not legally binding, according to the business press cited by Economedia.The procedure includes the transfer of the Profitshare company lines coming from Sale Advertising and marketing S.R.L. and also Sale Marketing EOOD (as dealers) to 2Performant (as the buyer). Dante International S.A. (a large number investor of Conversion Marketing S.R.L.) will certainly be part of your business move contract as a sponsor." The moment the Profitshare transaction is actually completed, our experts will expand our present capacity and diversify our client collection in both Romania and also Bulgaria. Our team still possess a couple of essential steps to complete, but I am self-assured that the crews associated with the transaction on both edges will definitely manage to complete all of them successfully. Our company will certainly introduce our post-acquisition strategies after completing the investment according to the last contract," pointed out Dorin Boerescu, CEO as well as Co-Founder of 2Performant System.The purchase cost is RON 4.3 million, as well as will definitely be actually paid 55% in cash and forty five% in 2Performant allotments by means of a resources increase.." 2Performant is actually a younger and also dynamic firm along with values that reverberate with our company. We anticipate that, after the transaction is actually finalized, the Profitshare company combined with 2Performant will deliver more significant worth to its clients," said Tudor Manea, General Supervisor of Dante International SA.2Performant likewise takes note that a number of actions stay to finish as well as finalize the transaction, including the effective completion of the due carefulness evaluation through 2Performant.Profitshare was introduced in 2012 and presently has a portfolio of 250 partner courses (including the eMAG group) in Romania as well as Bulgaria.radu@romania-insider.com.( Photograph resource: the provider).