Romanian affiliate marketing business 2Performant obtains Profitshare, partners with eMAG owner

.2Performant, a Romanian modern technology and also associate marketing services firm, revealed on Monday, September 9, at the Bucharest Stock Exchange, that it aims to obtain the Profitshare affiliate systems in Romania and also Bulgaria from Conversion Marketing. At the same time, Dante International, the owner of eMAG, will become a shareholder in 2Performant.On September 6, 2Performant’s Panel of Supervisors ended an initial contract to get the Profitshare.ro as well as Profitshare.bg partner systems possessed through Conversion Advertising S.R.L. as well as Transformation Advertising And Marketing EOOD.

The arrangement lays out the concepts of the purchase and is actually certainly not legally binding, according to the firm push pointed out through Economedia.The function entails the move of the Profitshare service lines coming from Transformation Advertising and marketing S.R.L. and Transformation Advertising EOOD (as homeowners) to 2Performant (as the customer). Dante International S.A.

(majority investor of Transformation Marketing S.R.L.) will be part of your business transmission contract as a backer.” When the Profitshare deal is accomplished, we are going to increase our current capability as well as expand our customer profile in both Romania and also Bulgaria. Our experts still have a couple of vital steps to complete, yet I am actually positive that the teams associated with the deal on each edges will definitely manage to accomplish them effectively. Our team will certainly announce our post-acquisition plans after completing the purchase depending on to the last contract,” pointed out Dorin Boerescu, Chief Executive Officer and also Co-Founder of 2Performant System.The deal price is actually RON 4.3 thousand, and also will definitely be paid 55% in money and also forty five% in 2Performant shares with a resources boost..” 2Performant is a younger and dynamic company along with values that reverberate along with our company.

We expect that, after the deal is actually completed, the Profitshare company combined with 2Performant will deliver greater market value to its customers,” stated Tudor Manea, General Supervisor of Dante International SA.2Performant additionally keeps in mind that several steps remain to accomplish and wrap up the purchase, including the effective conclusion of the as a result of carefulness analysis through 2Performant.Profitshare was introduced in 2012 as well as currently possesses a profile of 250 associate programs (including the eMAG team) in Romania and also Bulgaria.radu@romania-insider.com.( Photograph source: the provider).