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Eastern Standard

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uuid00075v3

Namestring
Eastern Standard
Legal namestring
Eastern Standard LLC
Company typeenum
Private
Founded yearint
2016
Descriptiontext

Eastern Standard is a Philadelphia-based digital-first agency that delivers end-to-end branding, user experience, web design and development, and ongoing site optimization for organizations in higher education, healthcare, B2B, and nonprofit verticals. Core technology spans Drupal, WordPress, React, and Contentful CMS implementations, with a stated emphasis on accessibility (WCAG), Core Web Vitals performance, and SEO foundations; the agency operates a five-step inclusive UX research methodology and runs proprietary features including a beta AI-Powered Search Tool and the integrated RevenueZen SEO/GEO service. Since October 2024 the company has operated as a ~90%-owned portfolio company of Onfolio Holdings Inc. (NASDAQ: ONFO), acquired for approximately $2.16 million, and has since incorporated Anthropic Claude Code and OpenAI Codex for internal development automation and added a formal AI Solutions service line. The business runs a professional-services revenue model anchored in project-based engagements (typically 8–14 months for higher-ed redesigns) supplemented by recurring retainers for website management, SEO, and ongoing optimization, with go-to-market executed through consultative direct sales rather than self-serve channels.

Short descriptiontext

Eastern Standard is a Philadelphia-based digital agency that designs, builds, and optimizes brands and websites for higher-education, healthcare, B2B, and nonprofit organizations, with a recurring management and SEO/GEO layer and a 90% ownership by Onfolio Holdings.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersPhiladelphia, United States
HQ citystring
Philadelphia
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
web design agency, Drupal development, WordPress development, branding services, higher education marketing
NAICS code2 codes
  • Advertising, Public Relations, and Related Services5418
  • Custom Computer Programming Services541511
SIC code1 code
  • Services-Advertising7310
Product category
Digital Agency Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Digital Agency Services
TypeProfessional Services
Description

Professional services revenue generated through project-based engagements for branding, web design, development, and digital marketing services. Services are delivered through dedicated project and support teams who work with clients end-to-end from discovery through launch and ongoing optimization.

easternstandard.com
2Website Management & Optimization
TypeSubscription Recurring
Description

Ongoing retainer and maintenance engagements providing website support, security patches, performance optimization, content updates, and feature iteration for existing client sites.

easternstandard.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Marketing or Sales, Technology or R&D
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 record
1RevenueZen
Description

SEO and GEO (Generative Engine Optimization) service integrated into Eastern Standard, focused on increasing organic revenue through integrated search strategies.

easternstandard.com
Core offering1 text field

Eastern Standard is a full-service digital branding and web agency that designs, builds, and optimizes brand and digital experiences for higher education, healthcare, B2B, and nonprofit organizations. The agency's core offering spans strategy, branding, UX research and design, web design and development on Drupal, WordPress, React, and Contentful platforms, content strategy, SEO, and ongoing website management and optimization. Engagements are delivered as project-based and retainer professional services, with specialized industry practices for higher education and healthcare.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Eastern Standard is a full-service digital agency (not a product company) offering brand and digital transformation services. The core offering is comprehensive agency services spanning strategy, research, UX/design, development, and ongoing optimization. The portfolio includes specialized AI-powered search capabilities (AI-Powered Search Tool, in beta), RevenueZen by Eastern Standard (SEO/GEO service brand), and service offerings in web design & development (WordPress, Drupal, React, Contentful), UX services, branding, AI solutions, and website management & optimization. The agency specializes in higher education and healthcare verticals, and was acquired by Onfolio Holdings Inc. in October 2024 (90% majority stake for $2,160,000). The AI solutions use Claude Code (Anthropic) and Codex (OpenAI) for development automation and knowledge work.

Product and service8 records
1Web Design & Development
CategoryWeb Design & Development Services
Description

Website design, redesign, Drupal and WordPress design and development, web application development, and headless CMS implementations (React, Contentful) for organizations needing durable, scalable websites.

2User Experience (UX) Services
CategoryUX Research & Design Services
Description

UX research, usability testing, UX design, and content strategy services to optimize how users navigate and interact with websites, applied through an inclusive UX research and design methodology.

3Branding Services
CategoryBranding Services
Description

Audience research, messaging and positioning, and identity and brand design services supporting organizational brand coherence across digital and physical touchpoints.

4AI Solutions
CategoryAI Solutions Services
Description

AI agent development, AI content strategy, AI rollout and team enablement, and Generative Engine Optimization (GEO) services that help organizations implement and adopt AI technologies.

5Website Management & Optimization
CategoryOngoing Website Management Services
Description

Ongoing retainer engagements providing analytics and site performance, website support and maintenance, SEO, Generative Engine Optimization (GEO), and website migration services for sustained site performance.

6Higher Education Digital Agency Services
CategoryIndustry-Specialty Digital Agency Services
Description

Specialized digital agency services for higher education institutions including university website design, Drupal governance, FERPA compliance, WCAG accessibility, and campus system integrations.

7Healthcare Digital Agency Services
CategoryIndustry-Specialty Digital Agency Services
Description

Digital agency services for healthcare systems and hospitals including flexible design frameworks, unified brand experiences across service lines, physician directory and appointment-flow UX, and WCAG accessibility compliance.

8RevenueZen by Eastern Standard
CategorySEO and Generative Engine Optimization Services
Description

SEO and GEO (Generative Engine Optimization) service combining advanced SEO strategies, SME-driven content, and GEO systems to ensure brand visibility in AI-powered search experiences.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership4 partners
Strategic tierCoreTypeTechnology or Integration
Description

Agency partner with WP Engine, a managed WordPress hosting platform. Eastern Standard recommends WP Engine as a hosting solution for WordPress implementations, leveraging their platform's caching, CDN, and performance optimization features.

Strategic tierCoreTypeTechnology or Integration
Description

Bronze level partner with Acquia, a Drupal-focused cloud platform for building, deploying, and hosting enterprise Drupal websites. Eastern Standard leverages Acquia's platform for enterprise Drupal implementations requiring multi-site management and advanced hosting infrastructure.

Strategic tierCoreTypeTechnology or Integration
Description

Strategic partner with Pantheon, a web ops platform providing hosting and development tools for WordPress and Drupal. Eastern Standard recommends Pantheon as a hosting solution for both WordPress and Drupal builds, citing their extensive caching, CDN, and well-tuned server environments.

Strategic tierSupportingTypeTechnology or Integration
Description

Provider partner with HubSpot, a CRM and inbound marketing platform. Eastern Standard offers HubSpot integrations and marketing automation implementation as part of its digital service offerings.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Philadelphia-based digital experience agency also focused on cultural, education, and mission-driven organizations; matches Eastern Standard closely on regional base, vertical mix (higher ed, museums, healthcare adjacent), and end-to-end strategy/design/build scope.

TypeDirect peer
Description

Strategy, design, and Drupal/WordPress development agency serving higher education, healthcare, and B2B organizations; near-identical vertical focus, technology stack (Drupal/WordPress), and full-service branding-to-launch engagement model.

TypeDirect peer
Description

Boston-area digital agency specialized in Drupal and Sitecore implementations for associations, healthcare, and life sciences; comparable technical depth and regulated-vertical mix, with a similar long-tail governance/migration value proposition.

TypeDirect peer
Description

Drupal-first digital agency with strong higher education and healthcare portfolios and a published-content playbook; competes on the same Drupal governance, accessibility, and integration axes Eastern Standard emphasizes.

TypeDirect peer
Description

Higher-education-specialist digital agency (formerly OHO and Hellman); one of the most direct competitors for university website redesigns, enrollment marketing, and accessibility-compliant Drupal builds in the U.S. .edu market.

TypeDirect peer
Description

Global digital agency with strong Drupal, WordPress, and headless CMS practices serving enterprise and mid-market across healthcare, education, and B2B; comparable service taxonomy and recurring website management offering.

TypeBroad incumbent
Description

The digital agency arm of Deloitte competes for the same Fortune-level healthcare and higher-education transformation work, but at very different scale and breadth — Eastern Standard typically enters as a specialist sub-deliverer or referral partner on these bids.

TypeBroad incumbent
Description

Large end-to-end digital transformation consultancy with a meaningful healthcare and education footprint; competes on strategy and large platform builds but does not specialize in the .edu/hospital mid-market that Eastern Standard owns.

TypeBroad incumbent
Description

Global engineering and digital experience provider that competes for enterprise Drupal and CMS implementation work; broader services mix and pricing model differ, but it overlaps on regulated-vertical website and platform engagements.

TypeOthers
Description

Formerly an independent SEO agency, now an integrated sub-brand inside Eastern Standard; relevant as the SEO/GEO predecessor whose team and IP were absorbed into the 2026 RevenueZen launch — ecosystem participant rather than head-to-head competitor.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights8 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers12 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI capability6 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Eastern Standard

Digital Agency Serviceseasternstandard.com

Eastern Standard is a Philadelphia-based digital agency that designs, builds, and optimizes brands and websites for higher-education, healthcare, B2B, and nonprofit organizations, with a recurring management and SEO/GEO layer and a 90% ownership by Onfolio Holdings.

What Eastern Standard does

Eastern Standard is a Philadelphia-based digital-first agency that delivers end-to-end branding, user experience, web design and development, and ongoing site optimization for organizations in higher education, healthcare, B2B, and nonprofit verticals. Core technology spans Drupal, WordPress, React, and Contentful CMS implementations, with a stated emphasis on accessibility (WCAG), Core Web Vitals performance, and SEO foundations; the agency operates a five-step inclusive UX research methodology and runs proprietary features including a beta AI-Powered Search Tool and the integrated RevenueZen SEO/GEO service. Since October 2024 the company has operated as a ~90%-owned portfolio company of Onfolio Holdings Inc. (NASDAQ: ONFO), acquired for approximately $2.16 million, and has since incorporated Anthropic Claude Code and OpenAI Codex for internal development automation and added a formal AI Solutions service line. The business runs a professional-services revenue model anchored in project-based engagements (typically 8–14 months for higher-ed redesigns) supplemented by recurring retainers for website management, SEO, and ongoing optimization, with go-to-market executed through consultative direct sales rather than self-serve channels.

Eastern Standard firmographics

Firmographics
Name
Eastern Standard
Legal name
Eastern Standard LLC
Website
https://easternstandard.com
Company type
Private
Founded year
2016
Operating status
Operating
Headcount range
11–50 employees
Short description
Eastern Standard is a Philadelphia-based digital agency that designs, builds, and optimizes brands and websites for higher-education, healthcare, B2B, and nonprofit organizations, with a recurring management and SEO/GEO layer and a 90% ownership by Onfolio Holdings.
Ownership category
akta.pro rank

Where Eastern Standard is headquartered

Location

Headquarters

HQ city
Philadelphia
HQ country
United States
HQ region
North America

Offices2 records

Markets served

Eastern Standard business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

  1. Digital Agency Services: Professional services revenue generated through project-based engagements for branding, web design, development, and digital marketing services. Services are delivered through dedicated project and support teams who work with clients end-to-end from discovery through launch and ongoing optimization.
  2. Website Management & Optimization: Ongoing retainer and maintenance engagements providing website support, security patches, performance optimization, content updates, and feature iteration for existing client sites.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Eastern Standard product offering

Product offering

Core offering

Eastern Standard is a full-service digital branding and web agency that designs, builds, and optimizes brand and digital experiences for higher education, healthcare, B2B, and nonprofit organizations. The agency's core offering spans strategy, branding, UX research and design, web design and development on Drupal, WordPress, React, and Contentful platforms, content strategy, SEO, and ongoing website management and optimization. Engagements are delivered as project-based and retainer professional services, with specialized industry practices for higher education and healthcare.

Product overview

Eastern Standard is a full-service digital agency (not a product company) offering brand and digital transformation services. The core offering is comprehensive agency services spanning strategy, research, UX/design, development, and ongoing optimization. The portfolio includes specialized AI-powered search capabilities (AI-Powered Search Tool, in beta), RevenueZen by Eastern Standard (SEO/GEO service brand), and service offerings in web design & development (WordPress, Drupal, React, Contentful), UX services, branding, AI solutions, and website management & optimization. The agency specializes in higher education and healthcare verticals, and was acquired by Onfolio Holdings Inc. in October 2024 (90% majority stake for $2,160,000). The AI solutions use Claude Code (Anthropic) and Codex (OpenAI) for development automation and knowledge work.

Differentiator

Problem solved

Functional benefit

Brands

  • RevenueZen: SEO and GEO (Generative Engine Optimization) service integrated into Eastern Standard, focused on increasing organic revenue through integrated search strategies.

Products and services

  • Web Design & Development Website design, redesign, Drupal and WordPress design and development, web application development, and headless CMS implementations (React, Contentful) for organizations needing durable, scalable websites.
  • User Experience (UX) Services UX research, usability testing, UX design, and content strategy services to optimize how users navigate and interact with websites, applied through an inclusive UX research and design methodology.
  • Branding Services Audience research, messaging and positioning, and identity and brand design services supporting organizational brand coherence across digital and physical touchpoints.
  • AI Solutions AI agent development, AI content strategy, AI rollout and team enablement, and Generative Engine Optimization (GEO) services that help organizations implement and adopt AI technologies.
  • Website Management & Optimization Ongoing retainer engagements providing analytics and site performance, website support and maintenance, SEO, Generative Engine Optimization (GEO), and website migration services for sustained site performance.
  • Higher Education Digital Agency Services Specialized digital agency services for higher education institutions including university website design, Drupal governance, FERPA compliance, WCAG accessibility, and campus system integrations.
  • Healthcare Digital Agency Services Digital agency services for healthcare systems and hospitals including flexible design frameworks, unified brand experiences across service lines, physician directory and appointment-flow UX, and WCAG accessibility compliance.
  • RevenueZen by Eastern Standard SEO and GEO (Generative Engine Optimization) service combining advanced SEO strategies, SME-driven content, and GEO systems to ensure brand visibility in AI-powered search experiences.

Companies that use Eastern Standard

Customer profile

Named customers12 records

Segments3 records

Ideal customer profiles3 records

Eastern Standard technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature3 records

Eastern Standard partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core and supporting.

  • WP EnginecoreTechnology or IntegrationAgency partner with WP Engine, a managed WordPress hosting platform. Eastern Standard recommends WP Engine as a hosting solution for WordPress implementations, leveraging their platform's caching, CDN, and performance optimization features.
  • AcquiacoreTechnology or IntegrationBronze level partner with Acquia, a Drupal-focused cloud platform for building, deploying, and hosting enterprise Drupal websites. Eastern Standard leverages Acquia's platform for enterprise Drupal implementations requiring multi-site management and advanced hosting infrastructure.
  • PantheoncoreTechnology or IntegrationStrategic partner with Pantheon, a web ops platform providing hosting and development tools for WordPress and Drupal. Eastern Standard recommends Pantheon as a hosting solution for both WordPress and Drupal builds, citing their extensive caching, CDN, and well-tuned server environments.
  • HubSpotsupportingTechnology or IntegrationProvider partner with HubSpot, a CRM and inbound marketing platform. Eastern Standard offers HubSpot integrations and marketing automation implementation as part of its digital service offerings.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Eastern Standard competitors and assessment

Company assessment

Direct peers

  • Bluecadet: Philadelphia-based digital experience agency also focused on cultural, education, and mission-driven organizations; matches Eastern Standard closely on regional base, vertical mix (higher ed, museums, healthcare adjacent), and end-to-end strategy/design/build scope.
  • Phase Two: Strategy, design, and Drupal/WordPress development agency serving higher education, healthcare, and B2B organizations; near-identical vertical focus, technology stack (Drupal/WordPress), and full-service branding-to-launch engagement model.
  • Velir: Boston-area digital agency specialized in Drupal and Sitecore implementations for associations, healthcare, and life sciences; comparable technical depth and regulated-vertical mix, with a similar long-tail governance/migration value proposition.
  • Mediacurrent: Drupal-first digital agency with strong higher education and healthcare portfolios and a published-content playbook; competes on the same Drupal governance, accessibility, and integration axes Eastern Standard emphasizes.
  • OHO Interactive: Higher-education-specialist digital agency (formerly OHO and Hellman); one of the most direct competitors for university website redesigns, enrollment marketing, and accessibility-compliant Drupal builds in the U.S. .edu market.
  • Appnovation: Global digital agency with strong Drupal, WordPress, and headless CMS practices serving enterprise and mid-market across healthcare, education, and B2B; comparable service taxonomy and recurring website management offering.

Broad incumbents

  • Deloitte Digital: The digital agency arm of Deloitte competes for the same Fortune-level healthcare and higher-education transformation work, but at very different scale and breadth — Eastern Standard typically enters as a specialist sub-deliverer or referral partner on these bids.
  • Publicis Sapient: Large end-to-end digital transformation consultancy with a meaningful healthcare and education footprint; competes on strategy and large platform builds but does not specialize in the .edu/hospital mid-market that Eastern Standard owns.
  • EPAM (EPAM Systems): Global engineering and digital experience provider that competes for enterprise Drupal and CMS implementation work; broader services mix and pricing model differ, but it overlaps on regulated-vertical website and platform engagements.

Others

  • RevenueZen: Formerly an independent SEO agency, now an integrated sub-brand inside Eastern Standard; relevant as the SEO/GEO predecessor whose team and IP were absorbed into the 2026 RevenueZen launch — ecosystem participant rather than head-to-head competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights8 records

Customer concentration

Eastern Standard social profiles

Digital presence

Eastern Standard financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Eastern Standard leadership team

Management profile

Number of profiles

Profiles1 record

Eastern Standard funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Eastern Standard M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eastern Standard

What does Eastern Standard do?

Eastern Standard is a full-service digital branding and web agency that designs, builds, and optimizes brand and digital experiences for higher education, healthcare, B2B, and nonprofit organizations. The agency's core offering spans strategy, branding, UX research and design, web design and development on Drupal, WordPress, React, and Contentful platforms, content strategy, SEO, and ongoing website management and optimization. Engagements are delivered as project-based and retainer professional services, with specialized industry practices for higher education and healthcare.

Is Eastern Standard a public or private company?

Eastern Standard is a private company. It is classified as corporate owned and is currently operating.

When was Eastern Standard founded?

Eastern Standard was founded in 2016. It employs 11 to 50 people.

Where is Eastern Standard based?

Eastern Standard is headquartered in Philadelphia, United States, in the North America region.

How does Eastern Standard make money?

Two revenue lines are on record. Digital Agency Services are the primary driver. The others are website Management & Optimization.

Who are Eastern Standard's main competitors?

Direct peers on record are Bluecadet, Phase Two, Velir, Mediacurrent, OHO Interactive and Appnovation. Broad incumbents are Deloitte Digital, Publicis Sapient and EPAM (EPAM Systems). RevenueZen is listed as an others.

Does Eastern Standard have an API?

No public API is recorded for Eastern Standard.

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Live signals
AdvfnOnfolio Revenue Falls 52% in Q2 as Company Targets Nasdaq Compliance and Debt ReductionOnfolio Holdings reported a 52% year-over-year revenue decline to $1.50 million for Q2 2026, driven by slower sales at Eastern Standard and reduced advertising spending at Proofread Anywhere. To address Nasdaq listing deficiencies and strengthen its balance sheet, the company completed a 1-for-50 reverse stock split and converted $6 million in senior secured convertible notes into equity. Despite a 31% reduction in operating expenses, the company posted a wider net loss and tightened liquidity, with cash reserves dropping significantly.Investing.comOnfolio deploys AI agents across portfolio, cuts costs By Investing.comOnfolio Holdings Inc. has deployed AI agents across its portfolio of online businesses, using Anthropic's Claude Code and OpenAI's Codex to enable non-technical teams to automate knowledge work and reduce operational costs, with examples including Eastern Standard using AI for development work and a COO-built dashboard replacing $5,000 per month in external agency costs. The company reported $11.24 million in revenue with 70.54% growth over the last twelve months, though it remains unprofitable with a loss of $0.55 per share, and its stock surged 27.65% over the past week following the announcement. Onfolio is also developing AI-powered services for external sale and has received a Nasdaq notice regarding non-compliance with minimum bid price requirements, which does not immediately impact its listing.The Globe and MailOnfolio Holdings’ Subsidiary Eastern Standard Launches Precision Metrics Custom Dashboards to Help Organizations Decode Website Analytics Data and Drive ResultsOnfolio Holdings' subsidiary Eastern Standard launched Precision Metrics, a custom website analytics dashboard for clients. The tool helps organizations interpret GA4 data, pinpoint lead sources, and track web interactions. It is the latest addition to Eastern Standard's data-driven services.GlobeNewswireOnfolio Holdings’ Subsidiary Eastern Standard Launches Precision Metrics Custom Dashboards to Help Organizations Decode Website Analytics Data and Drive ResultsOnfolio Holdings' subsidiary Eastern Standard launched Precision Metrics, a custom website analytics dashboard for GA4 data. The tool aims to help clients interpret analytics, pinpoint lead sources, and track web interactions. It is the latest addition to Eastern Standard's services.Stock TitanEastern Standard Launches Precision Metrics Analytics Dashboard SolutionEastern Standard, a subsidiary of Onfolio Holdings, launched Precision Metrics, a custom website analytics dashboard. The solution helps clients interpret GA4 data, pinpoint lead sources, and track web interactions. It aims to provide actionable insights for growth planning.GlobeNewswireOnfolio Holdings Inc. Acquires Eastern Standard BusinessOnfolio Holdings Inc. completed the acquisition of a 70% interest in Eastern Standard, LLC, a digital marketing agency, for $1,660,000 paid through preferred shares and secured promissory notes rather than cash or common stock. The deal includes an additional 20% stake purchased by Onfolio’s special purpose vehicles for $500,000, bringing the total purchase price to $2,160,000. Eastern Standard generated approximately $4 million in revenue and $630,000 in EBITDA for the fiscal year ended December 31, 2023.MarketScreenerOnfolio Holdings, Inc. entered into an asset purchase agreement to acquire 90% stake in Eastern Standard LLC for $2.2 million.Onfolio Holdings, Inc. entered into an asset purchase agreement to acquire a 90% stake in Eastern Standard LLC for $2.2 million. This transaction expands Onfolio's portfolio of online businesses, which currently includes over 20 entities across e-commerce and digital marketing sectors. The deal represents a strategic acquisition aimed at diversifying and growing the company's asset base.OnfolioPress ReleaseOnfolio Holdings Inc. signed an agreement to acquire a 90% majority interest in Eastern Standard LLC, a digital marketing agency, for $2.16 million. The transaction is structured using Onfolio's Special Purpose Vehicles and will close on October 1, 2024, without requiring upfront cash or issuing common shares from Onfolio.Investing.comOnfolio Holdings to acquire Eastern Standard assets By Investing.comOnfolio Holdings Inc. has announced an agreement to acquire a 90% majority interest in Eastern Standard LLC, a Philadelphia-based digital marketing provider, for $2.16 million. The transaction is expected to close on October 1, 2024, and will be funded through non-dilutive means including preferred shares and promissory notes rather than upfront cash or common stock issuance.