How much is Bending Spoons paying for Airtable?

Bending Spoons agreed to acquire Airtable in an all-cash deal worth $1.28 billion, which implies an equity value of nearly $2.25 billion once Airtable's net cash and cash equivalents are included.

When is the acquisition expected to close?

The deal is expected to close later this year, subject to regulatory approvals, with no more specific timeline given; regulatory approval is the remaining condition.

What other companies has Bending Spoons acquired recently?

Bending Spoons bought AOL in January and Eventbrite in March, making Airtable its third acquisition this year.

Who advised on the deal?

Bending Spoons retained Willkie Farr & Gallagher as legal counsel, with J.P. Morgan and Goldman Sachs Bank Europe as co-financial advisers and EY Advisory on due diligence, while Airtable was advised by Latham & Watkins on legal matters and AXOM Partners on the financial side.

Deals

Bending Spoons acquires Airtable for $1.28bn as enterprise software consolidation gathers pace

By Sofia Almeida·August 7, 2026·二〇二六年八月七日·2 min read

Key takeaways

Bending Spoons has agreed to acquire US-based Airtable in an all-cash deal worth $1.28 billion, implying an equity value of nearly $2.25 billion once Airtable's net cash is counted.
Airtable is a no-code cloud collaboration platform used by more than 500,000 organisations, including 80% of the Fortune 100, with annual recurring revenue of approximately $480 million as of June 2026, growing more than 20% year on year.
The Airtable deal is Bending Spoons' third acquisition this year, following its purchases of AOL in January and Eventbrite in March, all made either side of its Nasdaq listing on July 1.
Both boards unanimously approved the deal, and the companies will operate independently until closing, which is expected later this year subject to regulatory approvals.
Bending Spoons' capital base was partly built by a $710 million equity round completed in November 2025 at an $11 billion pre-money valuation, led by T. Rowe Price Investment Management.

Enterprise software consolidation has accelerated among newly public technology groups, and Bending Spoons is making that trend concrete. The Italian conglomerate has agreed to acquire US-based Airtable in an all-cash deal worth $1.28 billion, implying an equity value of nearly $2.25 billion once Airtable's net cash and cash equivalents are counted in.

A business with real traction

Airtable is a cloud collaboration platform that combines spreadsheet-style interfaces with database functionality, letting teams build custom applications without writing code. More than 500,000 organisations use the platform, including 80% of the Fortune 100. Annual recurring revenue reached approximately $480 million as of June 2026, growing at more than 20% year on year.

Airtable co-founder and chief executive Howie Liu said the partnership provides the resources and long-term commitment needed to build what he described as the AI-native platform of the future. Bending Spoons CEO Luca Ferrari said the company plans to invest in Airtable for the long run, expanding what can be done across the full spectrum of work and making the platform more valuable to customers at every scale.

Three deals in a year, either side of the listing

The Airtable agreement is Bending Spoons' third acquisition this year. The group bought AOL in January and Eventbrite in March. All three have come either side of the company's Nasdaq listing on July 1, reflecting the pace at which the conglomerate is deploying capital raised in public markets.

That capital base was partly built in November 2025, when Bending Spoons completed a $710 million equity round at a pre-money valuation of $11 billion. T. Rowe Price Investment Management led the raise, with Baillie Gifford, Cox Enterprises, Durable Capital Partners, Radcliff, Fidelity Management & Research Company, and Foxhaven Asset Management also participating.

Both boards unanimously approved the deal. The two companies will continue operating independently until closing, expected later this year, subject to regulatory approvals.

Advisory mandates

Bending Spoons has retained Willkie Farr & Gallagher as legal counsel, with J.P. Morgan and Goldman Sachs Bank Europe acting as co-financial advisers and EY Advisory handling financial and tax due diligence. Airtable is advised by Latham & Watkins on legal matters and AXOM Partners on the financial side.

Under the agreed terms, Bending Spoons will acquire all issued and outstanding Airtable shares. Regulatory approval is the remaining condition, with both companies saying the close is expected later this year and no more specific timeline given.

Bending Spoons acquires Airtable for $1.28bn as enterprise software consolidation gathers pace

Key takeaways

A business with real traction

Three deals in a year, either side of the listing

Advisory mandates

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