.2Performant, a Romanian modern technology and also affiliate marketing options provider, revealed on Monday, September 9, at the Bucharest Stock Market, that it intends to acquire the Profitshare affiliate networks in Romania and also Bulgaria from Conversion Advertising. At the same time, Dante International, the owner of eMAG, will certainly become a shareholder in 2Performant.On September 6, 2Performant's Panel of Supervisors concluded a preliminary agreement to get the Profitshare.ro and Profitshare.bg partner networks owned through Conversion Advertising S.R.L. and Sale Advertising And Marketing EOOD. The arrangement summarizes the principles of the transaction and is not lawfully binding, corresponding to the provider push presented by Economedia.The procedure entails the transfer of the Profitshare company lines coming from Sale Advertising and marketing S.R.L. and also Transformation Marketing EOOD (as homeowners) to 2Performant (as the shopper). Dante International S.A. (large number investor of Sale Marketing S.R.L.) are going to be part of your business transfer agreement as a guarantor." Once the Profitshare transaction is accomplished, we will broaden our current ability and also diversify our client profile in both Romania and Bulgaria. Our experts still possess a couple of necessary measures to accomplish, yet I am confident that the teams involved in the transaction on both sides will certainly take care of to finish them effectively. We will certainly introduce our post-acquisition programs after wrapping up the acquisition according to the final contract," said Dorin Boerescu, CEO as well as Founder of 2Performant Network.The deal price is RON 4.3 million, and also will be paid 55% in money and also 45% in 2Performant allotments via a resources rise.." 2Performant is actually a younger and vibrant provider with worths that reverberate along with us. We assume that, after the transaction is actually finalized, the Profitshare company integrated with 2Performant is going to provide better value to its own clients," said Tudor Manea, General Supervisor of Dante International SA.2Performant additionally takes note that numerous actions remain to accomplish and also finalize the transaction, including the prosperous fulfillment of the as a result of carefulness review by 2Performant.Profitshare was released in 2012 as well as presently possesses a portfolio of 250 affiliate programs (consisting of the eMAG group) in Romania as well as Bulgaria.radu@romania-insider.com.( Image source: the company).