M&A Deal Summary

Onfolio Acquires Eastern Standard

On September 24, 2024, Onfolio acquired marketing company Eastern Standard

Acquisition Highlights
  • This is Onfolio’s 4th transaction in the Marketing sector.
  • This is Onfolio’s 5th transaction in the United States.
  • This is Onfolio’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2024-09-24
Target Eastern Standard
Sector Marketing
Buyer(s) Onfolio
Deal Type Add-on Acquisition

Target

Eastern Standard

Philadelphia, Pennsylvania, United States
Eastern Standard is a combined web and branding agency, was created to help clients navigate the creation of integrated branding and digital customer experiences. Eastern Standard was founded in 2014 and is based in Philadelphia, Pennsylvania.

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Buyer(S) 1

Buyer

Onfolio

Wilmington, Delaware, United States

Category Company
Founded 2018
Sector Business Services
Employees10
Revenue 5M USD (2023)
DESCRIPTION

Onfolio acquires and manages a diversified portfolio of online businesses across a broad range of verticals, each with a niche content focus and brand identity. Onfolio acquires business that meet its investment criteria, being that such businesses operate in sectors with long-term growth opportunities, have positive and stable cash flows, face minimal threats of technological or competitive obsolescence and can be managed by our existing team or have strong management teams largely in place. Onfolio was founded in 2018 and is based in Wilmington, Delaware.


DEAL STATS #
Overall 7 of 7
Sector (Marketing) 4 of 4
Type (Add-on Acquisition) 6 of 6
State (Pennsylvania) 1 of 1
Country (United States) 5 of 5
Year (2024) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-07 DDS Rank

Hampden, Maine, United States

DDS Rank provides dentists with digital marketing services including search engine optimization, paid advertising, and web design. DDS Rank is based in Hampden, Maine.

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