The Math of
Serial Acquisition
Why Buying at 3x Compounds Differently Than Buying at 15x
Most investors understand this intuitively. Very few have seen the math of what happens when you do it repeatedly across a dozen acquisitions.
What’s Inside the Guide
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I.The Compounding Model What happens when you reinvest at 3x vs 15x over a decade. The math is stark.
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II.Why Digital Businesses Sell at 2.5-4.5x The structural reasons small online businesses trade at fractions of what public companies pay
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III.Real Portfolio Data Growth from $50K/quarter to $575K/quarter, sourced from SEC filings. Not projections.
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IV.Five Metrics That Matter How to tell if a serial acquirer is actually compounding: acquisition multiple, cash-on-cash returns, reinvestment rate, source of capital, per-share metrics
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V.The Scorecard Apply these metrics to any holding company. Rate each as Strong / Adequate / Concerning.
“The difference between 3x and 15x isn’t arithmetic. It’s the difference between a business that funds its own growth and one that never stops raising capital.”
Dom Wells
CEO of Onfolio Holdings (Nasdaq: ONFO). Built from real data across seven acquisitions at a 3.4x blended multiple, all publicly filed with the SEC.
Download the Free Guide
The compounding model, real portfolio data, and a 5-metric scorecard for evaluating serial acquirers.
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