OnlyFans, the subscription-based online platform infamous for its explicit content, is once again exploring options to cash out, with this time a potentially lucrative deal on the table. According to reports from TechCrunch, the San Francisco-based investment firm Architect Capital is in talks to acquire a majority stake in OnlyFans, valuing the company at around $5.5 billion.
The proposed deal includes a significant influx of capital, with $3.5 billion in equity and $2 billion in debt, which represents a substantial decrease from the previously discussed sale that fell through last year. At that time, OnlyFans' owner Leonid Radvinsky was reportedly negotiating with Forest Road Company to sell the platform for an astonishing $8 billion.
Despite this significant markdown, the deal remains a substantial opportunity for Architect Capital to capitalize on OnlyFans' growing popularity and revenue. In fact, the company has seen a nine percent increase in gross revenue for its 2024 fiscal year, raking in over $7.2 billion. This growth suggests that despite the controversy surrounding its explicit content, OnlyFans remains a desirable asset.
The talks are currently underway in an exclusive arrangement, where Architect Capital is said to have a limited window to finalize the deal without being able to negotiate with other potential buyers. However, no set timeline has been announced for the completion of the transaction, leaving only time will tell if this sale becomes a reality.
The proposed deal includes a significant influx of capital, with $3.5 billion in equity and $2 billion in debt, which represents a substantial decrease from the previously discussed sale that fell through last year. At that time, OnlyFans' owner Leonid Radvinsky was reportedly negotiating with Forest Road Company to sell the platform for an astonishing $8 billion.
Despite this significant markdown, the deal remains a substantial opportunity for Architect Capital to capitalize on OnlyFans' growing popularity and revenue. In fact, the company has seen a nine percent increase in gross revenue for its 2024 fiscal year, raking in over $7.2 billion. This growth suggests that despite the controversy surrounding its explicit content, OnlyFans remains a desirable asset.
The talks are currently underway in an exclusive arrangement, where Architect Capital is said to have a limited window to finalize the deal without being able to negotiate with other potential buyers. However, no set timeline has been announced for the completion of the transaction, leaving only time will tell if this sale becomes a reality.