OnlyFans in Talks for Potential $8B Sale to US Investor Group
Deal News | May 23, 2025 | Business Cloud

A US investor group, Forest Road Company, is reportedly in discussions to acquire OnlyFans' parent company, Fenix International, for up to $8 billion. Currently owned by Miami-based billionaire Leonid Radvinsky, OnlyFans is headquartered in London and has dealt with challenges in finding a buyer due to its association with adult content. The site, originally founded by Tim and Gus Stokely, lifted its ban on adult content and has become a significant player in the creator economy, boasting annual revenues of $1.3 billion and payments moving through the platform totaling $6.6 billion. The deal's potential value remains uncertain, ranging from $1.46 billion to $8 billion, reflecting varied offers and the site's financial performance.
Sectors
- Digital Media
- Private Equity
- Adult Entertainment
Geography
- United States – The main investor group, Forest Road Company, is based in Los Angeles, indicating significant US interest and participation in the potential acquisition.
- United Kingdom – OnlyFans is headquartered in London and was originally founded there, which is central to its operations and historical development.
Industry
- Digital Media – The article discusses OnlyFans, which is a digital platform primarily operating in the realm of online content and media distribution.
- Private Equity – Forest Road Company's interest in acquiring OnlyFans indicates the involvement of significant investment activity by private equity groups.
- Adult Entertainment – OnlyFans is widely recognized for its adult content, which forms a primary area of concern and interest regarding its valuation and market perception.
Financials
- $8 billion – The potential acquisition offer for OnlyFans by Forest Road Company.
- $1.3 billion – The annual revenue reported by OnlyFans as per recent UK filing.
- $6.6 billion – The total payments processed through OnlyFans platform.
- $1.46-2.42 billion – The range of a potential sale figure previously reported by NY Post.
Participants
Name | Role | Type | Description |
---|---|---|---|
OnlyFans / Fenix International | Target Company | Companies | The company known for its adult content and significant role in the creator economy, targeted for acquisition. |
Forest Road Company | Bidding Company | Companies | A US investor group reportedly in talks to acquire OnlyFans for up to $8 billion. |
Leonid Radvinsky | Owner/Seller | People | Owner of Fenix International/OnlyFans, who is reportedly looking to sell the platform. |
Tim Stokely | Co-Founder | People | Founder of OnlyFans, involved in its early development and growth. |
Gus Stokely | Co-Founder | People | Co-founder of OnlyFans and father of Tim Stokely. |