Affiliate

Romanian affiliate advertising business 2Performant obtains Profitshare, partners with eMAG proprietor

.2Performant, a Romanian modern technology and also affiliate marketing options firm, introduced on Monday, September 9, at the Bucharest Stock Market, that it means to get the Profitshare affiliate networks in Romania and also Bulgaria from Conversion Advertising. Concurrently, Dante International, the owner of eMAG, will become a shareholder in 2Performant.On September 6, 2Performant's Panel of Supervisors ended a preliminary agreement to get the Profitshare.ro and Profitshare.bg partner networks had through Transformation Marketing S.R.L. and also Sale Advertising And Marketing EOOD. The agreement describes the concepts of the deal and also is not legitimately binding, according to the business press presented through Economedia.The procedure involves the transactions of the Profitshare service lines coming from Sale Advertising and marketing S.R.L. and also Transformation Marketing EOOD (as dealers) to 2Performant (as the purchaser). Dante International S.A. (large number investor of Conversion Marketing S.R.L.) will certainly be part of the business move deal as a sponsor." The moment the Profitshare transaction is actually finished, we will expand our existing capability and transform our customer profile in both Romania as well as Bulgaria. Our experts still possess a few necessary measures to finish, but I am actually certain that the crews associated with the deal on each sides will definitely deal with to accomplish all of them successfully. Our experts are going to reveal our post-acquisition programs after finalizing the purchase according to the last agreement," stated Dorin Boerescu, CEO and Co-Founder of 2Performant System.The deal price is RON 4.3 thousand, and also are going to be actually spent 55% in money and 45% in 2Performant shares via a financing rise.." 2Performant is actually a youthful and compelling provider along with values that resonate along with our company. Our team assume that, after the transaction is actually completed, the Profitshare business incorporated with 2Performant will deliver better market value to its own customers," claimed Tudor Manea, General Supervisor of Dante International SA.2Performant likewise notes that many measures continue to be to finish as well as complete the transaction, like the productive completion of the due carefulness study through 2Performant.Profitshare was released in 2012 and presently has a portfolio of 250 affiliate plans (featuring the eMAG team) in Romania and Bulgaria.radu@romania-insider.com.( Picture source: the provider).