M&AAug 4, 2026

Bending Spoons buys Airtable for $1.285B in first deal since Nasdaq debut

What's the deal?

Bending Spoons has entered a definitive agreement to acquire Airtable in an all-cash transaction valuing the company at an enterprise value of $1.285 billion. Including Airtable's net cash, that implies an equity value of roughly $2.25 billion. The deal is expected to close later this year, pending regulatory approvals.

Who's who?

Milan-based Bending Spoons buys digital businesses, overhauls them, and reinvests earnings into more acquisitions. Airtable, founded in 2013, offers a flexible workspace that lets teams build apps and manage workflows without technical skill.

By the numbers:

Airtable's annual recurring revenue grew more than 20% year-on-year to about $480 million as of June 2026. More than 500,000 organisations, including 80% of the Fortune 100, use the platform.

Why now?

This is Bending Spoons' first acquisition since its Nasdaq listing on July 1, 2026. It follows purchases of AOL in January 2026 and Eventbrite in March 2026.

What's the endgame?

"Partnering with Bending Spoons gives us the resources and the long-term commitment Airtable needs," said Howie Liu , Airtable co-founder and chief executive officer, pointing to plans to build "the AI-native platform of the future."

What could go wrong?

Both companies will keep operating independently until closing, which hinges on regulatory approvals. Bending Spoons' model relies on deep transformations — reorganising teams and overhauling technology — that can unsettle existing customers.

The signal:

Bending Spoons is compounding a decade-old playbook: acquire, optimise, and reinvest, having never sold a material business. Adding Airtable to AOL and Eventbrite signals an accelerating push to consolidate established software brands under one operator.

Read more: StreetInsider

Image credit: TimWilson

Source: dealroom

In this story

Go deeper

More top stories

Track every deal behind the headlines.

Company financials, cap tables and investor track records — live on Dealroom.

Book a demo