OnlyFans, the subscription-based platform notorious for hosting explicit content, is reportedly on the cusp of selling a significant stake to a prominent San Francisco investment firm. In a deal that values the company at roughly half its previous sale valuation, OnlyFans would be surrendering 60% of its equity to Architect Capital.
According to sources close to the matter, the proposed transaction entails $3.5 billion in equity and $2 billion in debt, totaling a staggering $5.5 billion in value. While no official timeline has been set for the deal's completion, it remains unclear when OnlyFans' owner will finalize this new partnership.
A comparable sale attempt from last year, which saw OnlyFans valued at an eye-watering $8 billion, ultimately fell through. Notwithstanding, the platform is still expanding and demonstrated a modest nine percent increase in gross revenue for its fiscal 2024 period, yielding over $7.2 billion.
The negotiations between OnlyFans' owner, Leonid Radvinsky, and Architect Capital have taken place within an exclusive framework, where other potential buyers are barred from engaging with the platform's management for a defined duration.
According to sources close to the matter, the proposed transaction entails $3.5 billion in equity and $2 billion in debt, totaling a staggering $5.5 billion in value. While no official timeline has been set for the deal's completion, it remains unclear when OnlyFans' owner will finalize this new partnership.
A comparable sale attempt from last year, which saw OnlyFans valued at an eye-watering $8 billion, ultimately fell through. Notwithstanding, the platform is still expanding and demonstrated a modest nine percent increase in gross revenue for its fiscal 2024 period, yielding over $7.2 billion.
The negotiations between OnlyFans' owner, Leonid Radvinsky, and Architect Capital have taken place within an exclusive framework, where other potential buyers are barred from engaging with the platform's management for a defined duration.