.2Performant, a Romanian technology as well as associate advertising solutions provider, announced on Monday, September 9, at the Bucharest Stock Market, that it intends to obtain the Profitshare associate networks in Romania and Bulgaria from Conversion Advertising. Together, Dante International, the owner of eMAG, will certainly end up being a shareholder in 2Performant.On September 6, 2Performant's Panel of Supervisors concluded an initial agreement to acquire the Profitshare.ro and Profitshare.bg partner networks possessed by Conversion Marketing S.R.L. as well as Conversion Marketing EOOD. The arrangement describes the principles of the transaction and also is actually not lawfully binding, corresponding to the company push mentioned by Economedia.The operation includes the transfer of the Profitshare organization lines coming from Conversion Advertising S.R.L. and Sale Advertising And Marketing EOOD (as vendors) to 2Performant (as the customer). Dante International S.A. (large number investor of Conversion Advertising and marketing S.R.L.) will become part of your business transactions agreement as an underwriter." As soon as the Profitshare purchase is actually completed, our company will broaden our existing capability and transform our client portfolio in both Romania and Bulgaria. Our company still possess a handful of necessary steps to finish, however I am positive that the groups associated with the purchase on each sides will manage to accomplish them properly. We will definitely declare our post-acquisition plannings after settling the purchase according to the last arrangement," pointed out Dorin Boerescu, Chief Executive Officer and also Co-Founder of 2Performant Network.The purchase rate is RON 4.3 thousand, as well as will be spent 55% in cash and 45% in 2Performant portions via a funding rise.." 2Performant is a young and dynamic company along with values that reverberate along with us. Our experts assume that, after the deal is finalized, the Profitshare company integrated along with 2Performant will provide greater market value to its customers," pointed out Tudor Manea, General Manager of Dante International SA.2Performant additionally notes that a number of steps stay to complete as well as complete the deal, like the successful conclusion of the as a result of persistance evaluation through 2Performant.Profitshare was launched in 2012 as well as presently possesses a portfolio of 250 partner systems (featuring the eMAG team) in Romania and Bulgaria.radu@romania-insider.com.( Picture source: the company).