Onfolio Holdings Inc. Completes Successful Business Sale

Onfolio Holdings Inc. Closes Sale of BWPS WordPress Business

Onfolio Holdings Inc. has recently announced a significant achievement by completing the sale of its BWPS WordPress business for an impressive $780,000. This all-cash deal was made with WebStreet, a micro private equity investment fund. The transaction included an immediate cash release of $650,000, with an additional $130,000 retained until the migration process is finalized. This move is expected to generate a capital gain of approximately $150,000 for the company.

Financial Overview of the BWPS Business

The BWPS WordPress venture had been performing well, contributing around $360,000 in revenue and yielding approximately $200,000 in unaudited adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for the fiscal year.

Strategic Focus on Core Business Operations

Onfolio's decision to divest from its WordPress business aligns with broader strategic objectives. CEO Dominic Wells emphasized that this decision will allow the management team to concentrate their efforts on expanding their B2B agency portfolio and information products, which are now recognized as the core components of the company's operations. The capital generated from the sale will be utilized to enhance the balance sheet, increase working capital, and facilitate further acquisitions aimed at strengthening these core business areas.

About Onfolio Holdings Inc.

Onfolio is known for its ability to acquire and manage a diversified portfolio of online businesses. The company targets investments that show potential for long-term growth, stable cash flows, and relatively low competition risk. By leveraging its expertise, Onfolio excels at identifying acquisition opportunities where the current operations may not be fully optimized. This enables the company to implement changes that significantly enhance value.

WebStreet: A New Partner in Growth

WebStreet, established in 2021, has been making waves with over $50 million raised and more than 50 assets acquired. This company aims to provide passive investors with access to profitable online businesses, and it partners with experienced operators to invest in and grow a variety of sectors, including SaaS, e-commerce, media, and service-based industries.

Collaboration with FE International

The successful transaction involved the strategic guidance of FE International, a recognized advisor in technology business sales. Since its inception in 2010, FE International has facilitated over 1,500 transactions accumulating a total value exceeding $50 billion. The firm has garnered accolades, including being named one of the fastest-growing companies in the Americas, according to the Financial Times.

Future Growth and Opportunities

Looking ahead, Onfolio Holdings Inc. is optimistic about the path that lies ahead following this successful sale. The capital from the BWPS WordPress business sale will enable the company to explore additional growth avenues within its core sectors. This strategic move reflects Onfolio’s commitment to not only optimize existing operations but also seek new acquisitions that add value and align with its business model.

Frequently Asked Questions

What was the sale price of the BWPS WordPress business?

The BWPS WordPress business was sold for $780,000.

Who purchased the BWPS WordPress business?

WebStreet, a micro private equity investment fund, was the purchaser of the BWPS WordPress business.

What are the expected capital gains from this sale?

Onfolio anticipates a capital gain of approximately $150,000 from the sale of the BWPS business.

What will Onfolio do with the funds from the sale?

The funds will be used to strengthen Onfolio's balance sheet, enhance working capital, and facilitate additional acquisitions.

Who facilitated the transaction?

The transaction was facilitated by FE International, a strategic advisor specializing in technology business transactions.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.