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Bending Spoons acquires Airtable for $1.29 billion

PUBLIC · BSPAug 17, 2026about 3 hours ago

Acquiring Company

Bending Spoons SpA

Acquired Company

Airtable

MilanSan FranciscoInformation TechnologySoftwareMobileMobile AppsSoftwareSaasCloud Infrastructure

Description

Bending Spoons SpA has announced its latest acquisition of Airtable for $1.29 billion in cash. This acquisition follows Bending Spoons' strategy of acquiring distressed tech companies at low valuations and overhauling them. The deal represents a nearly 90% discount from Airtable's highest valuation in 2021. Bending Spoons aims to deeply integrate Airtable into its platform and enhance its operations.

Company Information

Company

Bending Spoons SpA

Location

Como

Milan, Lombardy, Italy

About

Bending Spoons SpA is an Italian investment and management company founded in 2013. It focuses on acquiring distressed tech and digital brands, revamping them, and holding them for long-term investment. The company has a unique approach, integrating acquired companies deeply into its platform. Recently, it has been listed on Nasdaq with a significant market valuation.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Airtable?

Airtable was acquired by Bending Spoons SpA, based in Milan. The deal was reported on August 17, 2026. Bending Spoons SpA is an Italian investment and management company founded in 2013. It focuses on acquiring distressed tech and digital brands, revamping them, and holding them for long-term investment. Bending Spoons SpA is publicly traded (BSP) and operates in Information Technology.

When did Bending Spoons SpA acquire Airtable?

Bending Spoons SpA's acquisition of Airtable was reported on August 17, 2026. Bending Spoons SpA has announced its latest acquisition of Airtable for $1.29 billion in cash. This acquisition follows Bending Spoons' strategy of acquiring distressed tech companies at low valuations and overhauling them. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Airtable do?

Airtable is a cloud collaboration service that provides a flexible database-like platform. It combines elements of spreadsheets and databases to allow teams to organize their work effectively. It is privately held, operating in Software, and is based in San Francisco.

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