.2Performant, a Romanian technology and also affiliate advertising answers business, declared on Monday, September 9, at the Bucharest Stock Market, that it intends to obtain the Profitshare associate systems in Romania and also Bulgaria coming from Conversion Marketing. At the same time, Dante International, the manager of eMAG, will become a shareholder in 2Performant.On September 6, 2Performant's Board of Supervisors wrapped up an initial contract to obtain the Profitshare.ro and also Profitshare.bg affiliate networks owned through Conversion Advertising And Marketing S.R.L. and Conversion Advertising EOOD. The arrangement lays out the concepts of the transaction as well as is not officially binding, corresponding to the provider push mentioned by Economedia.The procedure entails the transmission of the Profitshare business lines from Sale Advertising and marketing S.R.L. and Sale Marketing EOOD (as homeowners) to 2Performant (as the shopper). Dante International S.A. (large number investor of Sale Advertising S.R.L.) will certainly belong to the business transactions agreement as a backer." The moment the Profitshare deal is actually finished, our company will increase our existing capacity as well as transform our customer profile in both Romania and Bulgaria. We still possess a couple of essential steps to accomplish, however I am certain that the teams associated with the deal on both sides are going to handle to complete all of them effectively. Our company are going to introduce our post-acquisition strategies after completing the acquisition according to the last deal," mentioned Dorin Boerescu, Chief Executive Officer as well as Founder of 2Performant System.The deal price is actually RON 4.3 thousand, and also will be paid for 55% in cash as well as 45% in 2Performant reveals with a financing rise.." 2Performant is actually a youthful and dynamic company with market values that resonate with our team. Our experts assume that, after the transaction is actually finalized, the Profitshare organization combined along with 2Performant will certainly deliver more significant market value to its clients," stated Tudor Manea, General Supervisor of Dante International SA.2Performant also notes that several actions stay to accomplish and finalize the deal, including the successful completion of the due diligence evaluation through 2Performant.Profitshare was released in 2012 and also presently possesses a collection of 250 partner courses (featuring the eMAG team) in Romania and also Bulgaria.radu@romania-insider.com.( Photo resource: the firm).