Romanian associate marketing firm 2Performant gets Profitshare, partners with eMAG owner

.2Performant, a Romanian technology and also associate advertising services company, introduced on Monday, September 9, at the Bucharest Stock Exchange, that it wants to get the Profitshare associate systems in Romania and Bulgaria coming from Sale Advertising And Marketing. Simultaneously, Dante International, the manager of eMAG, will become a shareholder in 2Performant.On September 6, 2Performant’s Panel of Supervisors ended a preliminary deal to obtain the Profitshare.ro as well as Profitshare.bg affiliate systems possessed through Sale Advertising And Marketing S.R.L. and Sale Advertising And Marketing EOOD.

The agreement outlines the guidelines of the purchase and is actually certainly not legally binding, conforming to the business push mentioned by Economedia.The function entails the transactions of the Profitshare service lines coming from Transformation Advertising and marketing S.R.L. and Sale Marketing EOOD (as vendors) to 2Performant (as the shopper). Dante International S.A.

(large number shareholder of Transformation Marketing S.R.L.) are going to become part of the business transactions deal as a surety.” As soon as the Profitshare purchase is accomplished, our company will definitely increase our existing capacity and also transform our customer profile in both Romania and Bulgaria. Our company still possess a handful of crucial measures to finish, yet I am actually positive that the groups involved in the transaction on both edges will definitely handle to complete all of them efficiently. Our company are going to reveal our post-acquisition plans after settling the purchase depending on to the final arrangement,” mentioned Dorin Boerescu, CEO and Co-Founder of 2Performant Network.The transaction price is actually RON 4.3 thousand, as well as will certainly be actually paid for 55% in cash money and 45% in 2Performant allotments with a funding rise..” 2Performant is actually a youthful as well as compelling business with market values that resonate with us.

Our company assume that, after the purchase is actually settled, the Profitshare organization combined with 2Performant will definitely provide greater worth to its clients,” mentioned Tudor Manea, General Supervisor of Dante International SA.2Performant additionally takes note that many actions continue to be to accomplish and finalize the deal, including the productive fulfillment of the as a result of carefulness analysis through 2Performant.Profitshare was launched in 2012 and currently possesses a profile of 250 partner programs (including the eMAG team) in Romania as well as Bulgaria.radu@romania-insider.com.( Image source: the company).