Onfolio Holdings Acquires Majority Interest in SEO Marketing Inc. (DDS Rank)
June 7, 2024
Onfolio Holdings Inc. has entered into an agreement to acquire a 66% majority interest in the assets of SEO Marketing Inc., which does business as DDS Rank, with Onfolio's special purpose vehicle (Onfolio Agency SPV LLC) taking the remaining minority stake. DDS Rank, a dental-focused digital marketing and SEO provider based in Hampden, Maine, generated roughly $310,000 in 2023 revenue (approximately 91% recurring) and was acquired for $600,000; Onfolio expects to materially grow revenue and EBITDA through marketing and operational improvements.
- Buyers
- Onfolio Holdings Inc., Onfolio Agency SPV LLC
- Targets
- SEO Marketing Inc. (d/b/a DDS Rank)
- Industry
- Marketing & Advertising
- Location
- Maine, United States
- Transaction Type
- Buyout
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