OnlyFans, the online platform infamous for subscription-based adult content, is reportedly on the cusp of another major cash-out deal. According to sources, the site's owner, Leonid Radvinsky, is in talks with Architect Capital, a San Francisco-based investment firm, to sell off a substantial majority stake in the company.
The proposed transaction would value OnlyFans at around $5.5 billion, significantly lower than the $8 billion valuation that emerged during its previous attempt to go public last year. That deal ultimately fell through, but the talks leading up to it had the platform's gross revenue projected to reach over $7.2 billion in 2024.
The latest negotiations are being conducted under an exclusivity agreement between Architect Capital and OnlyFans, which would limit the site's ability to explore alternative offers for a certain period of time. The proposed deal includes $3.5 billion in equity and $2 billion in debt, making it one of the largest investments in the company's history.
While no official closing date has been set, the talks between Architect Capital and OnlyFans are reportedly moving forward at a brisk pace. For Radvinsky and his team, a successful sale would be a major windfall, considering the platform's continued growth in recent years. In its most recent fiscal year, OnlyFans reported a nine percent increase in gross revenue, fueling speculation that the company's value could continue to rise.
As one of the most popular subscription-based platforms on the internet, OnlyFans has managed to navigate controversy and scrutiny while maintaining a dedicated user base. The site's efforts to rebrand itself as more than just an adult content platform have been met with varying degrees of success, but its financials suggest that it remains a highly desirable asset for investors.
With multiple suitors vying for control, the outcome of this latest deal is far from certain. However, one thing is clear: OnlyFans' future looks bright β and potentially very lucrative.
The proposed transaction would value OnlyFans at around $5.5 billion, significantly lower than the $8 billion valuation that emerged during its previous attempt to go public last year. That deal ultimately fell through, but the talks leading up to it had the platform's gross revenue projected to reach over $7.2 billion in 2024.
The latest negotiations are being conducted under an exclusivity agreement between Architect Capital and OnlyFans, which would limit the site's ability to explore alternative offers for a certain period of time. The proposed deal includes $3.5 billion in equity and $2 billion in debt, making it one of the largest investments in the company's history.
While no official closing date has been set, the talks between Architect Capital and OnlyFans are reportedly moving forward at a brisk pace. For Radvinsky and his team, a successful sale would be a major windfall, considering the platform's continued growth in recent years. In its most recent fiscal year, OnlyFans reported a nine percent increase in gross revenue, fueling speculation that the company's value could continue to rise.
As one of the most popular subscription-based platforms on the internet, OnlyFans has managed to navigate controversy and scrutiny while maintaining a dedicated user base. The site's efforts to rebrand itself as more than just an adult content platform have been met with varying degrees of success, but its financials suggest that it remains a highly desirable asset for investors.
With multiple suitors vying for control, the outcome of this latest deal is far from certain. However, one thing is clear: OnlyFans' future looks bright β and potentially very lucrative.