Adult content platform OnlyFans may be bought by Architect Capital in a $5.5B deal where the firm would take a 60% stake and assume $2B in debt.
London: OnlyFans, a website where creators sell content to fans, may sell most of its company to an investment firm called Architect Capital. The deal could be worth $5.5 billion. Out of that amount, $3.5 billion would be from people buying parts of the company, and $2 billion would be money OnlyFans already owes.
Architect Capital would own 60% of OnlyFans if the deal happens. They have agreed not to talk to other companies about buying OnlyFans for a set time. The news came from someone close to the deal and was first reported by The Wall Street Journal. TechCrunch asked Architect Capital for more information, but they haven’t said anything yet.
This isn’t the first time OnlyFans has thought about selling. Last year, reports said the owner, Leonid Radvinsky, wanted to sell the company. Another investment company called Forest Road Company talked about buying OnlyFans, but those talks ended. The source said many companies have wanted to buy OnlyFans since it said it might sell.
Architect Capital started in 2021 and gives loans to new companies using their assets as security. OnlyFans is owned by a British company called Fenix International. It was started in 2016 by Tim Stokely, who sold most of the company to Leonid Radvinsky in 2018. Many creators on OnlyFans make adult content, though the company says it’s not a pornography site. The company has faced legal problems over lawsuits about harmful videos.