WILMINGTON, DE — Onfolio Holdings Inc. (Nasdaq: ONFO, ONFOW), a holding company that manages a diversified portfolio of online businesses, has recently announced the launch of DealPipe, a new service dedicated to sourcing “off-market” acquisition targets.
The Delaware-based firm began sourcing off-market deals in late 2022 and found the quality of businesses to be surprisingly high. Recognizing an opportunity to monetize their ability to generate deal flow and enhance their deal sourcing skills, they decided to offer this service to others.
“We realized offering this service to others would be a great way of monetizing our ability to generate deal flow, our processes, and also improving our deal sourcing skills,” said Onfolio CEO Dom Wells.
DealPipe was officially launched on Friday, November 17th, and within the first 24 hours, it received dozens of inquiries. The platform aims to assist serial acquirers in finding online or offline businesses to add to their portfolios, and help business owners find suitable buyers for their entities.
The DealPipe team will earn monthly retainers in addition to a success fee based on a percentage of the successful acquisition price. This innovative approach creates a lucrative business model for the team while providing a valuable service to both buyers and sellers in the market.
The launch of DealPipe represents a strategic move by Onfolio Holdings to expand its services and capitalize on its existing capabilities. With the rise of mergers and acquisitions in various sectors, DealPipe could potentially play a significant role in facilitating successful transactions.
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