OnlyFans in Talks for Potential $8B Sale to US Investor Group

Deal News | May 23, 2025 | Business Cloud

OnlyFans in Talks for Potential $8B Sale to US Investor Group

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

NameRoleTypeDescription
OnlyFans / Fenix InternationalTarget CompanyCompaniesThe company known for its adult content and significant role in the creator economy, targeted for acquisition.
Forest Road CompanyBidding CompanyCompaniesA US investor group reportedly in talks to acquire OnlyFans for up to $8 billion.
Leonid RadvinskyOwner/SellerPeopleOwner of Fenix International/OnlyFans, who is reportedly looking to sell the platform.
Tim StokelyCo-FounderPeopleFounder of OnlyFans, involved in its early development and growth.
Gus StokelyCo-FounderPeopleCo-founder of OnlyFans and father of Tim Stokely.