Bending Spoons, which operates a portfolio of acquired and optimized digital businesses including AOL and Eventbrite, announced terms for its IPO on Monday.
The Milan, Italy-based company plans to raise $1.6 billion by offering 58 million shares (41% secondary) at a price range of $26 to $28. At the midpoint of the proposed range, Bending Spoons would command a fully diluted market value of $9.7 billion.
Bending Spoons acquires digital businesses, implements transformations and optimizations to expand earnings, and reinvests in additional acquisitions to continue the compounding cycle. The company has completed more than 50 acquisitions to date. In the 1Q26, its main businesses were, in alphabetical order, AOL, Brightcove, Eventbrite, Evernote, Harvest, komoot, Remini, StreamYard, Vimeo, and WeTransfer. Its portfolio served over 500 million monthly active users and more than 9 million monthly paying customers in March 2026.
Bending Spoons was founded in 2013 and booked $1.6 billion in revenue for the 12 months ended March 31, 2026. It plans to list on the Nasdaq under the symbol BSP. Goldman Sachs, J.P. Morgan, Allen & Company, Wells Fargo Securities, BofA Securities, Jefferies, Evercore ISI, BNP Paribas, Mizuho Securities, Societe Generale, Credit Agricole CIB, Intesa Sanpaolo, UniCredit Capital Markets, and Banca Akros are the joint bookrunners on the deal. It is expected to price the week of June 29, 2026.
