Bending Spoons Acquires Airtable for $1.285 Billion in All-Cash Deal
Key Takeaways
- ▸Bending Spoons acquires Airtable for $1.285B in enterprise value ($2.25B equity value), marking its first post-IPO acquisition
- ▸Airtable's annual recurring revenue reached ~$480M (20% YoY growth) with 500K+ organizations using the platform, including 80% of Fortune 100
- ▸Bending Spoons plans to position Airtable as an AI-native platform and expand its capabilities across the full spectrum of work
Summary
Bending Spoons S.p.A. (NASDAQ: BSP) has announced a definitive agreement to acquire Airtable in an all-cash transaction valued at $1.285 billion in enterprise value, implying an equity value of approximately $2.25 billion. The acquisition represents Bending Spoons' first major deal since its July 2026 Nasdaq listing and continues the company's aggressive expansion strategy following acquisitions of AOL (January 2026) and Eventbrite (March 2026).
Airtable, founded in 2013, has grown into a critical infrastructure platform used by over 500,000 organizations, including 80% of the Fortune 100. The platform achieved annual recurring revenue of approximately $480 million as of June 2026, representing 20% year-over-year growth. Airtable's core value proposition—enabling teams to organize data and manage critical workflows without extensive technical expertise—positions it as a key player in the no-code and low-code movement.
Under Bending Spoons' ownership, Airtable is expected to be transformed and positioned as an "AI-native platform of the future." Bending Spoons CEO Luca Ferrari emphasized the company's commitment to investing in Airtable's core strengths while leveraging AI to expand its capabilities across the full spectrum of work. The acquisition is subject to customary regulatory approvals and is expected to close later in 2026.
- The acquisition is expected to close later in 2026, subject to regulatory approvals; both companies will operate independently until closing
