Bending Spoons announced an all-cash acquisition of Airtable valued at an enterprise value of $1.285B (equity ~ $2.25B). The deal adds Airtable’s AI-native workflow platform to BSP’s growing portfolio, supported by Airtable’s $480M ARR as of June 2026 and 500k+ customer organizations, including 80% of the Fortune 100. The closing is expected later this year, contingent on regulatory approvals, with BSP seeking to accelerate cross-sell and platform-scale benefits post-close.
Bending Spoons, a Milan-based buyer of stalled brands, priced its IPO at $29 and closed at $40.50, valuing the company at about $25.7B and raising $1.68B. The firm posted a Q1 revenue of $601M with $27.4M in net income, reversing a prior loss, and relies heavily on subscriptions (84% of revenue). The IPO highlights investor appetite for asset-revival strategies and may signal durable demand for companies with recurring revenue, though valuation sustainability remains to be seen.
An IPO launching Wednesday aims to capitalize on the AI theme by reviving classic internet brands with an AI twist. The listing could signal continued appetite for AI-enabled platforms, potentially lifting valuations for related tech names and drawing attention to BSP as part of broader AI investment sentiment.
Bending Spoons, an Italian tech company that buys and revamps software firms, is pursuing a U.S. IPO to raise up to $1.62 billion. The listing would be among Europe’s largest this year and signals continued appetite for sizable software offerings in the U.S. A successful deal could buoy sentiment for European software peers and related tech stocks, including BSP, in the near term.
