ONAR Announces Signing of Letter of Intent for Strategic Acquisition
Onar Holding (OTCQB:ONAR) has signed a Letter of Intent (LOI) to acquire a 100% stake in an unnamed marketing technology company, which will be merged with its subsidiary, Storia. The strategic acquisition, expected to close in Q1 2025, is projected to double Storia's revenue and significantly improve EBITDA through accretive growth and operational efficiencies.
The merger aims to generate new solutions using disruptive marketing and technology while creating growth opportunities in the marketing industry. The completion is subject to due diligence, regulatory approvals, and a definitive agreement. CEO Claude Zdanow emphasized that the target company's expertise, technology stack, and intellectual property align with ONAR's vision for its performance marketing vertical.
Onar Holding (OTCQB:ONAR) ha firmato una Lettera di Intenti (LOI) per acquisire una partecipazione del 100% in un'azienda di tecnologia di marketing non nominata, che sarà fusa con la sua controllata, Storia. L'acquisizione strategica, prevista per essere completata nel primo trimestre del 2025, dovrebbe raddoppiare i ricavi di Storia e migliorare significativamente l'EBITDA attraverso una crescita accretiva e efficienze operative.
La fusione mira a generare nuove soluzioni utilizzando marketing e tecnologia dirompenti, creando opportunità di crescita nel settore del marketing. Il completamento è soggetto a due diligence, approvazioni normative e un accordo definitivo. Il CEO Claude Zdanow ha sottolineato che l'expertise, il pacchetto tecnologico e la proprietà intellettuale dell'azienda target sono in linea con la visione di ONAR per il suo settore di marketing delle performance.
Onar Holding (OTCQB:ONAR) ha firmado una Carta de Intención (LOI) para adquirir una participación del 100% en una empresa de tecnología de marketing no nombrada, que se fusionará con su subsidiaria, Storia. Se espera que esta adquisición estratégica, que se cerrará en el primer trimestre de 2025, duplique los ingresos de Storia y mejore significativamente el EBITDA a través de un crecimiento accretivo y eficiencias operativas.
La fusión tiene como objetivo generar nuevas soluciones utilizando marketing y tecnología disruptiva, al tiempo que crea oportunidades de crecimiento en la industria del marketing. La finalización está sujeta a la debida diligencia, aprobaciones regulatorias y un acuerdo definitivo. El CEO Claude Zdanow enfatizó que la experiencia, la pila tecnológica y la propiedad intelectual de la empresa objetivo están alineadas con la visión de ONAR para su vertical de marketing de rendimiento.
Onar Holding (OTCQB:ONAR)는 이름이 비공개인 마케팅 기술 회사의 100% 지분을 인수하기 위한 의향서(LOI)에 서명했습니다. 이 회사는 자회사인 Storia와 합병될 예정입니다. 2025년 1분기 내에 완료될 것으로 예상되는 이 전략적 인수는 Storia의 수익을 두 배로 늘릴 것으로 예상되며, 부가 성장과 운영 효율성을 통해 EBITDA를 크게 개선할 것입니다.
합병의 목표는 파괴적인 마케팅과 기술을 활용하여 새로운 솔루션을 생성하고 마케팅 산업에서 성장 기회를 창출하는 것입니다. 완료는 실사, 규제 승인 및 최종 계약에 따라 달라집니다. CEO Claude Zdanow는 목표 회사의 전문성, 기술 스택 및 지적 재산이 ONAR의 성과 마케팅 부문에 대한 비전과 일치한다고 강조했습니다.
Onar Holding (OTCQB:ONAR) a signé une Lettre d'Intention (LOI) pour acquérir une participation de 100% dans une entreprise de technologie marketing non nommée, qui sera fusionnée avec sa filiale, Storia. Cette acquisition stratégique, prévue pour être finalisée au premier trimestre 2025, devrait doubler les revenus de Storia et améliorer significativement l'EBITDA grâce à une croissance accretive et des gains d'efficacité opérationnelle.
La fusion vise à générer de nouvelles solutions en utilisant des technologies et un marketing disruptifs tout en créant des opportunités de croissance dans l'industrie du marketing. L'achèvement est soumis à une diligence raisonnable, des approbations réglementaires et un accord définitif. Le PDG Claude Zdanow a souligné que l'expertise, la pile technologique et la propriété intellectuelle de l'entreprise cible sont en accord avec la vision d'ONAR pour son secteur de marketing de performance.
Onar Holding (OTCQB:ONAR) hat ein Letter of Intent (LOI) unterzeichnet, um eine 100%ige Beteiligung an einem nicht benannten Marketingtechnologieunternehmen zu erwerben, das mit ihrer Tochtergesellschaft Storia fusioniert werden soll. Der strategische Erwerb, der im ersten Quartal 2025 abgeschlossen werden soll, wird voraussichtlich die Einnahmen von Storia verdoppeln und das EBITDA durch akquisitorisches Wachstum und operative Effizienz erheblich verbessern.
Das Ziel der Fusion ist es, neue Lösungen mit disruptivem Marketing und Technologie zu generieren und Wachstumschancen in der Marketingbranche zu schaffen. Der Abschluss unterliegt der Due Diligence, behördlichen Genehmigungen und einer endgültigen Vereinbarung. CEO Claude Zdanow betonte, dass die Expertise, der Technologiestack und das geistige Eigentum des Zielunternehmens mit der Vision von ONAR für seine Performance-Marketing-Sparte übereinstimmen.
- Projected to double Storia's subsidiary revenue
- Expected to significantly improve EBITDA through accretive growth
- Operational efficiencies to be achieved through merger
- Transaction subject to multiple closing conditions and approvals
- Only LOI signed, definitive agreement still pending
- Financial terms not disclosed
Acquisition Overview
- ONAR has signed a Letter of Intent (LOI) to acquire
100% of another marketing technology company, merging it with its subsidiary, Storia. - The acquisition is projected to double Storia's revenue and significantly improve EBITDA through accretive growth and operational efficiencies.
- The transaction is expected to close in Q1 2025, subject to due diligence, regulatory approvals, and a definitive agreement.
Transaction Details and Vision
The LOI outlines the preliminary terms of the acquisition and reflects the mutual interest of both parties to finalize the transaction in the coming months. ONAR and the acquiree will continue their ongoing due diligence to assess the deal's operational, financial, and strategic aspects before executing a definitive agreement.
"The signing of this LOI marks an important milestone in our growth strategy," said Claude Zdanow, CEO of ONAR. "This company's proven expertise, technology stack, and intellectual property complement our vision for the future of our performance marketing vertical. We look forward to advancing this partnership and realizing the potential it holds for our combined organizations."
Financial Impact and Closing Conditions
By joining forces with Storia, the two companies aim to generate new solutions using disruptive marketing and technology while creating more opportunities for growth in the increasingly competitive marketing industry. This acquisition is projected to not only double revenue, but also significantly enhance earnings before interest, taxes, depreciation and amortization through accretive growth and operational efficiencies.
Completion of the acquisition is subject to customary closing conditions, including regulatory approvals and satisfactory completion of due diligence. The companies expect to finalize the transaction in Q1 of 2025. ONAR remains committed to keeping stakeholders informed throughout this process and will provide updates as material developments occur.
About ONAR
ONAR (OTCQB: ONAR) a leading marketing technology company and marketing agency network, now publicly traded as Onar Holding Corporation. ONAR's mission is to provide unparalleled service through an integrated, AI-driven approach, leveraging its diverse brand family's strengths. Committed to honor, candor, and best-in-class results, ONAR aims to lead the industry by example, ensuring every client relationship is deeply rooted in trust and excellence.
ONAR has nearly 50 employees across five continents, and it is aggressively expanding its team to support the company's growth and acquisition pipeline. Its agencies service over 45 clients across various industries:
- Performance Marketing & SEO: Our high-touch performance marketing agency, Storia, specializes in brand growth, data-driven excellence, and paid advertising.
- Full-Service Healthcare Marketing: Partnering with healthcare professionals, Of Kos provides the best possible patient experience and strives to revolutionize the standard of care.
- Experiential Marketing & Events: CHALK is an experiential marketing powerhouse of event architects who turn bold ideas into unforgettable reality, designing events that dare to defy the ordinary.
- Pioneering Technology Incubator: ONAR Labs is a team of data scientists, engineers, and industry experts who are identifying, developing, and commercializing innovative marketing technology solutions born from servicing our agency clients, battle-tested by our network to ensure real-world applicability and impact.
ONAR's network of agencies focuses on servicing companies ranging from
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on ONAR's current expectations and projections about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy, and financial needs. These statements are not historical facts and are inherently uncertain and outside of ONAR's control. Forward-looking statements include, among other things, statements regarding ONAR's expectations regarding its ability to achieve its financial and strategic goals, including surpassing
View original content to download multimedia:https://www.prnewswire.com/news-releases/onar-announces-signing-of-letter-of-intent-for-strategic-acquisition-302379611.html
SOURCE ONAR
FAQ
What is the expected impact of ONAR's 2025 marketing technology acquisition on Storia's revenue?
When is ONAR's marketing technology acquisition expected to close?
What are the key conditions for completing ONAR's Storia merger?
What is the strategic rationale behind ONAR's marketing technology acquisition?
What percentage stake is ONAR acquiring in the marketing technology company?
