Onfolio To Acquire Eastern Standard Business

Author

Dominic Wells
September 24, 2024

Hi all,

We just released a press release announcing our latest acquisition!

This was one of the big ones we’d been working on for some time, so it’s great to get the job done.

The business in question (easternstandard.com) had revenues of $4m and ebitda of $630k in 2023 (unaudited) so that is a substantial increase to our top and bottom line, given we only had $6m revenue in 2023 ourselves.

We’re very excited about the prospects of this one and what it means for the company moving forward too.

In the meantime, I did want to mention that our SPV acquired around 20% of the business as well, and we are still taking investors for the next few weeks, so if you are waiting to invest, now is the time.

By November we will probably be increasing the entry price for investors as well as fees. It’ll still be a good opportunity, but the “early bird” incentives of a lower valuation and lower fees will be ending soon.

Our SPV now has two companies in it, plus some profit share from the rest of our portfolio.

So far investors have bought around $215k worth of yearly cash flow in exchange for $700k, or a 30% expected cash return 🤯

If you invest in the next couple of weeks, you’ll own a piece of the same cash flow, plus the future acquisitions coming down the pipe.

Naturally this type of momentum has attracted some larger investment groups and partners who want to coinvest with us.

This will benefit existing SPV investors, but does mean the opportunity won’t be around forever, as these groups want to add more fees and a higher profit share for the deal sponsors (them and us), and makes is easier for us to shift our attention from raising money and instead focus on the actual deal sourcing and business operations.

So, consider this the scarcity email that us digital marketers are always gushing about, and take action before we reel in the opportunity.

Feel free to reach out if you have any questions,

Dom