B
Bending Spoons S.p.A.
Acquirer counsel
Willkie Farr & Gallagher
Anna Martini G. PereiraPartner
7 lawyers involved
Rainmaker
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Bending Spoons S.p.A. acquires Airtable for US$1.285 billion $update-09-22
Completed4 Sep 2026Deal Overview
- Value
- $1.28bnDisclosed
- Deal type
- M&A
- Structure
- Acquisition (100%)
- Status
- Completed4 Sep 2026
Advisors
ACQUIRER
Willkie Farr & Gallagher Overview
- Acquirer: Bending Spoons S.p.A., the Milan-based technology company that buys and operates digital products (Evernote, WeTransfer, Eventbrite, Vimeo); listed on Nasdaq (BSP) on 1 July 2026 at a reported $18 billion valuation, this is its first acquisition since the IPO.
- Acquired: 100% of Airtable's issued and outstanding shares in an all-cash transaction at an enterprise value of US$1.285 billion, which with Airtable's net cash and cash equivalents implies an equity value of approximately US$2.25 billion. Definitive agreement announced 4 August 2026 (Form 6-K filed the same day); completed 4 September 2026 after customary conditions and regulatory approvals.
- Rationale: CEO Luca Ferrari called Airtable 'a pioneering brand reshaping how teams organize data and manage critical workflows'; Bending Spoons intends to invest heavily in Airtable's product, customer support and go-to-market capabilities.
- Acquirer counsel: Willkie Farr & Gallagher, led by partner Anna Martini G. Pereira, with corporate partners Thomas Mark and Usman Arain, Scott Thompson (executive compensation and employee benefits), Eugene Chang (intellectual property), Isaac Silverstein (tax) and associates Nidhi Modani and Daniela Abadi.
- Acquirer advisers: Goldman Sachs Bank Europe SE (Succursale Italia) and J.P. Morgan as co-financial advisers; EY Advisory S.p.A. on financial and tax due diligence. No acquisition financing or lenders' counsel disclosed (all-cash).
A
Airtable shareholders
Seller counsel
Latham & Watkins
Rick KlinePartner
Ian NussbaumPartner
Sean M. ParishPartner
Sarah AxtellPartner
29 lawyers involved
Latham & Watkins Overview
- Target: Airtable, the connected-apps / low-code operations platform founded in 2013 and led by CEO Howie Liu, used by more than 500,000 organisations including 80% of the Fortune 100; annual recurring revenue of approximately US$480 million as of June 2026, growing over 20% year on year (the parties use the trade name Airtable throughout).
- Seller: Airtable's shareholders, who receive cash for 100% of the shares. Airtable had raised more than US$1.4 billion of venture funding, was valued at US$11 billion at its 2021 peak and at about US$4 billion in early-2026 secondary trading, so the c.US$2.25 billion equity value represents a sharp reset from the peak (TechCrunch).
- Target counsel: Latham & Watkins, team led by corporate partners Rick Kline, Ian Nussbaum, Sean Parish and Sarah Axtell with associates Maya Rahwanji, Jordan Freisleben, Blake Clevenger and Stephanie Lim; tax Katharine Moir and Dennis Poehland; IP John McGaraghan, Fiona Gillan and Sarah Zweig; data privacy Jennifer Howes, Diya Jajal and Jack Bergantino; compensation and benefits James Metz, Gabriela Alvarez and Heather Jäger; finance Emily Johnson; antitrust Katherine Rocco, Carla Palma and Karen Kim; regulatory Paul Rosen, Ruchi Gill and Fiza Khan; labor and employment Nineveh Alkhas and E. Alexis Grinstead; emerging company Martha Anderson and Mazen Osman; ex-US Philipp Studt, Anthemis Economou, Jean-Baptiste Douchy and Juan Pablo Donado Díez; anti-corruption Kevin Chambers.
- Target financial adviser: AXOM Partners LLC.