James Packer takes stake in OnlyFans
2 Articles
2 Articles
OnlyFans sells 16% stake—what changes?
OnlyFans’ ownership shift: a minority stake sale at $3.15B valuation OnlyFans’ parent company, Fenix International , has agreed to sell a 16% minority stake to the investment firm Architect Capital . The deal is valued at $535 million USD , with Fenix International’s valuation placed around $3.15…
James Packer takes stake in OnlyFans
Media scion James Packer has invested in a minority stake in adults-only video subscription service OnlyFans, according to the Wall Street Journal. Packer is reportedly among a group of investors who bought into a 16% minority stake in OnlyFans’ parent company, UK-based Fenix International, for A$739m (US$535m). The purchase was made through US-based investment firm Architect Capital, which secured funding from a number of “prominent investors a…
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