Bending Spoons Acquires Airtable for $1.285 Billion in All-Cash Deal
Italian tech holding company Bending Spoons has agreed to acquire San Francisco-based enterprise workflow software firm Airtable for $1.285 billion in cash, with an implied equity value of about $2.25 billion including net cash. The deal, announced August 4, 2026, is Bending Spoons' first acquisition since its Nasdaq IPO in July. Airtable, once valued at $11 billion in 2021, now serves over 500,000 organizations with $480 million in annual recurring revenue. The acquisition is expected to close by year-end pending regulatory approval.
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Italian Unicorn Bending Spoons Acquires Airtable at $9 Billion Discount in First Deal Since IPO
Italian unicorn Bending Spoons, which went public on the Nasdaq in June 2026, has agreed to acquire Airtable in an all-cash deal valuing the software company at $1.285 billion, with an equity value of about $2.25 billion including Airtable's cash. This represents a steep discount from Airtable's $11 billion valuation during the 2021 tech boom. Airtable, founded in 2013, serves over 500,000 organizations including 80% of the Fortune 100, with annual recurring revenue growing over 20% year-over-year to approximately $480 million. Bending Spoons, known for acquiring underpriced apps and cutting costs, has built a portfolio of over 50 acquisitions including AOL, Eventbrite, Evernote, Vimeo, and WeTransfer. The deal is expected to close by end of 2026 pending regulatory approval.
Bending Spoons Acquires Airtable at $9 Billion Discount in First Deal Since IPO
Italian unicorn Bending Spoons has agreed to acquire Airtable in an all-cash deal valuing the software company at $1.285 billion, a steep drop from its $11 billion valuation during the 2021 tech boom. The deal, which includes an equity value of about $2.25 billion when factoring in Airtable's cash, marks Bending Spoons' first acquisition since its Nasdaq listing in June. Airtable, which serves over 500,000 organizations including 80% of the Fortune 100, reported annual recurring revenue of approximately $480 million as of June, growing over 20% year-over-year. Bending Spoons, which posted 95% revenue growth to $1.31 billion in 2025, plans to apply its strategy of acquiring well-known but underpriced apps and cutting costs. The acquisition is expected to close by year-end pending regulatory approval.
Bending Spoons to acquire Airtable in $1.3bn all-cash deal
Italian technology conglomerate Bending Spoons has agreed to acquire US-based cloud collaboration company Airtable in an all-cash deal worth $1.28 billion, giving Airtable an implied equity value of nearly $2.25 billion including its net cash. Airtable, which combines spreadsheet simplicity with database functionality for custom app building, serves over 500,000 organizations including 80% of the Fortune 100. The company reported annual recurring revenue of approximately $480 million as of June 2026, growing over 20% year-on-year. Bending Spoons plans to invest in Airtable's long-term development and accelerate innovation. The acquisition, approved unanimously by both boards, is expected to close later this year pending regulatory approvals. This marks Bending Spoons' third deal in 2026 following AOL and Eventbrite acquisitions, and its first since its Nasdaq listing on July 1. J.P. Morgan and Goldman Sachs are advising Bending Spoons, while Latham & Watkins and AXOM Partners advise Airtable.
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Bending Spoons to acquire Airtable in $1.3bn all-cash deal
Italian technology conglomerate Bending Spoons has agreed to acquire US-based cloud collaboration company Airtable in an all-cash deal worth $1.28 billion, giving Airtable an implied equity value of nearly $2.25 billion including net cash. Airtable, which combines spreadsheet simplicity with database functionality for custom app building, serves over 500,000 organizations including 80% of the Fortune 100. The company reported annual recurring revenue of approximately $480 million as of June 2026, growing over 20% year-on-year. Bending Spoons plans to invest in Airtable's long-term development and accelerate innovation. The acquisition, approved unanimously by both boards, is expected to close later this year pending regulatory approvals. This marks Bending Spoons' third deal in 2026 following acquisitions of AOL and Eventbrite, and its first since listing on Nasdaq on July 1. J.P. Morgan and Goldman Sachs are advising Bending Spoons, while Latham & Watkins and AXOM Partners advise Airtable.
Bending Spoons Acquires Airtable at 80% Discount, Signaling SaaS Valuation Reset
Italian tech conglomerate Bending Spoons acquired database startup Airtable for $1.28 billion in cash, at an equity value of $2.25 billion—an approximately 80% discount from Airtable's $11.7 billion valuation in 2021. The deal highlights the severe valuation gap for SaaS companies that raised during the 2021-2022 venture capital boom, as AI pressures software valuations. PitchBook analyst Derek Hernandez called the acquisition 'a negative for private-market marks and positive for liquidity,' noting it represents a closing of the chasm between inflated 2021 valuations and current cash flows. The article compares Airtable's fate to other SaaS startups like Tegus (acquired at 72% discount) and notes that many such companies have rebranded as AI-focused but still struggle to command high prices.
Bending Spoons agrees to buy Airtable
Bending Spoons, a holding company for legacy tech brands like AOL and Eventbrite, has agreed to acquire Airtable, a San Francisco-based relational database company, for $1.29 billion in cash. The implied equity value is $2.25 billion, including Airtable's cash and cash equivalents. This acquisition is described as one of the first major SaaSpocalypse sales and represents a significant loss for many of Airtable's venture capital investors, despite the unicorn-level sale price. Airtable had raised approximately $1.35 billion since its founding in 2012, including a $735 million round in 2021 led by XN at an $11 billion pre-money valuation. Bending Spoons went public in July, and CEO Luca Ferrari has stated that 'predictability' is the main characteristic he looks for in an acquisition target.
Bending Spoons to acquire Airtable for $1.285 billion
Italian technology firm Bending Spoons S.p.A. has agreed to acquire Airtable, a no-code software platform, in an all-cash transaction valued at $1.285 billion enterprise value, with an implied equity value of approximately $2.25 billion when including Airtable's net cash. The deal, announced on August 4, 2026, marks Bending Spoons' first acquisition since its Nasdaq IPO in July 2026, which valued the company at roughly $18.4 billion. Airtable, founded in 2013, serves over 500,000 organizations including 80% of the Fortune 100, with annual recurring revenue of about $480 million growing over 20% year-over-year. The acquisition is expected to close before year-end pending regulatory approval. Bending Spoons plans to invest in Airtable long-term, focusing on its core strengths and building an AI-native platform. Airtable had raised over $1.4 billion in venture funding and was once valued at over $11 billion in 2021.
Bending Spoons to Acquire Airtable for $1.285 Billion
Italian technology firm Bending Spoons S.p.A. has agreed to acquire Airtable, a no-code platform combining spreadsheet and database capabilities, in an all-cash transaction valued at $1.285 billion enterprise value. The deal, announced on August 4, 2026, marks Bending Spoons' first acquisition since its Nasdaq IPO in July 2026, which valued the company at approximately $18.4 billion. When combined with Airtable's net cash balance, the equity value is approximately $2.25 billion. Airtable, founded in 2013, serves over 500,000 organizations including 80% of the Fortune 100, with annual recurring revenue of about $480 million as of June 2026. The acquisition is expected to close before year-end pending regulatory review. Bending Spoons, known for acquiring digital businesses like AOL, Eventbrite, Evernote, Vimeo, and WeTransfer, plans to invest in Airtable long-term and build an AI-native platform. Goldman Sachs and J.P. Morgan are advising Bending Spoons, while AXOM Partners and Latham & Watkins advise Airtable.
Bending Spoons to acquire Airtable for $1.28 billion
Bending Spoons, a publicly traded company that went public in July 2026 at an $18 billion valuation, has agreed to acquire Airtable, a spreadsheet and database startup, for $1.28 billion in cash. Airtable, founded in 2013, raised over $1.4 billion and was valued at $11 billion at its peak in 2021, but its valuation fell to $4 billion on secondary markets earlier this year. With net cash and equivalents, Airtable is valued at about $2.25 billion. Airtable's annual recurring revenue grew over 20% year-over-year to approximately $480 million as of June 2026. The company serves over 500,000 organizations, including 80% of the Fortune 100. Bending Spoons, known for acquiring companies at discounted valuations and streamlining operations, has previously acquired Evernote, WeTransfer, EventBrite, and Vimeo.
Bending Spoons Agrees $1.29 Billion Cash Acquisition of Airtable
Bending Spoons S.p.A., a Nasdaq-listed technology holding company, announced a definitive agreement to acquire Airtable, a privately held enterprise workflow software company based in San Francisco, in an all-cash transaction valued at $1.285 billion. Including outstanding debt, the total enterprise value is approximately $2.25 billion. This marks Bending Spoons' first major acquisition since its Nasdaq debut on July 1, 2026. The deal continues the company's strategy of expanding its portfolio of technology businesses, which already includes AOL and Eventbrite. Airtable specializes in enterprise workflow and collaboration solutions, allowing organizations to build custom workflows without extensive technical expertise. The acquisition is expected to strengthen Bending Spoons' presence in the enterprise software market.