Bending Spoons just went shopping barely a month after going public, and it came home with Airtable. The Italian technology company announced an all-cash deal to acquire the no-code platform at an enterprise value of $1.285 billion, a staggering 89% discount from Airtable’s peak valuation of $11.7 billion in 2021. The deal mechanics The acquisition is structured as a 100% share purchase, with the enterprise value pegged at $1.285 billion. When you factor in Airtable’s net cash position, the total equity value climbs to approximately $2.25 billion. Bending Spoons listed on the Nasdaq on July 1, 2026, raising roughly $1.68 billion with shares priced at $29. The deal is expected to close later in 2026, pending the usual regulatory approvals. Bending Spoons reported $1.31 billion in revenue for 2025, meaning it’s buying a company at roughly 1x its own annual revenue. Airtable, founded in 2013 by Howie Liu, built itself into a collaborative database and workflow platform used by over 500,000 companies globally. The company raised more than $1.4 billion in total funding during its private life. The Bending Spoons playbook Bending Spoons has previously acquired well-known brands like AOL ...
Bending Spoons snaps up Airtable for $1.3B in first post-IPO deal, continuing its digital brand shopping spree
1 day ago
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