Bending Spoons closes $1.355B Miro buyout, its second big workplace deal in weeks
What's the deal? Bending Spoons has completed its acquisition of Miro, the visual collaboration platform used by more than 250,000 organisations. The Milan-based group bought 100% of Miro's shares in an all-cash transaction at a stated enterprise value of $1.355 billion, or about $1.79 billion including Miro's net cash.
Terms: At closing, certain former Miro shareholders reinvested roughly $295 million of their proceeds into about 6.2 million newly issued Bending Spoons ordinary shares via a private placement. The deal was first announced on September 10, 2026.
Why now? The closing follows Bending Spoons' acquisition of Airtable, completed in September for a reported $1.29 billion. The two deals mark a rapid push from a portfolio of digital brands into major workplace software — and Miro's visual workspace complements Airtable's workflow tools.
What's the endgame? Bending Spoons buys digital businesses, overhauls them, and reinvests the earnings into more acquisitions. It says it has never sold a material business in more than a decade.
Chief executive and co-founder Luca Ferrari said Miro "has built a strong business around a product that makes complex collaborative work feel simple," adding the company wants to "make Miro even more useful to customers and support its continued growth."
Miro, founded 15 years ago, reached around $600 million in annual recurring revenue, nearly 90% from business and enterprise customers. Co-founder and chief executive Andrey Khusid said Bending Spoons is "an owner who invests for the long term and cares deeply about product quality."
What could go wrong? Bending Spoons' standard playbook is aggressive: reorganising teams, overhauling technology, and redesigning products. The test is whether it can grow Miro while keeping the 250,000-plus organisations that rely on it.
The firm's other main businesses include Airtable, AOLDealroom has a profile for this one. Try Dealroom →, Brightcove, Eventbrite, Evernote, Tractive, Vimeo, and WeTransfer. It said its August 13 financial outlook excluded Miro and that it will fold the product in when it next reports results.
The signal: Two billion-dollar workplace-software deals in weeks show Bending Spoons scaling its acquire-and-optimise model into the enterprise tier — betting that operational discipline, increasingly powered by AI, can compound value across a growing portfolio.
Read more: thenextweb.com, Business Insider, businesswire.com
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