The British online platform OnlyFans is in talks to sell a controlling stake to the San Francisco-based investment company Architect Capital. The potential deal could involve about 60% of the service's shares and lead to a change in control over the business, Reuters reports , citing informed sources.
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According to the agency, OnlyFans is valued at approximately $3.5 billion, and with debt, the company's value could reach $5.5 billion. Architect Capital is considering acquiring about 60% of the shares, which would give the investor key influence over the platform's development strategy. The company specializes in asset management and financing technological and digital projects.
At present, negotiations are still ongoing: the parties are discussing the valuation, the amount of debt, and the terms for the new investor's entry into OnlyFans' capital.
Previously, in May of last year, Reuters reported that OnlyFans could have been sold to a consortium of investors led by the American Forest Road, with the company valued at $8 billion. Other potential buyers were also considered.
Architect Capital plans to develop OnlyFans for payments to creators of adult content without bank access and expects to go for an IPO in 2028. The platform's revenue is approximately $1.6 billion per year. Its sole shareholder is 44-year-old American of Ukrainian origin, Leonid Radvinsky, who bought the company in 2018 and received over $1 billion in dividends in three years.
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