Milan-based Bending Spoons secured over €500 million in debt financing. J.P. Morgan led this significant debt financing round. This capital directly supports the company's aggressive tech acquisitions strategy.
Fueling Digital Product Expansion
BNP Paribas and Crédit Agricole CIB acted as mandated lead arrangers and active bookrunners. A syndicate of banks joined them, including BancoBPM, Bank of America, Barclays, Goldman Sachs, HSBC, Intesa Sanpaolo, Mizuho, Société Générale, and Wells Fargo. Silver Point Capital orchestrated a broader €514 million package.
Durable Capital Partners, NB Renaissance, and Cox Enterprises also backed the company.
Founded in 2013, Bending Spoons acquires and operates a suite of globally recognized digital products. CEO Luca Ferrari focuses on long-term operation and sustainable growth. The company recently acquired San Francisco-based MileIQ and U.S. video streaming technology company Brightcove for €199 million.
Furthermore, its portfolio includes brands like Evernote, WeTransfer, Remini, Meetup, and Splice. This latest Bending Spoons funding brings its total capital raised to €1 billion. An additional €100 million facility supports further investments and operational scaling.
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The company, a prominent player among European startups, considers a public listing. Bending Spoons, valued at approximately €2.2 billion in 2024, continues its expansion. Companies like AppLovin and IAC also pursue similar digital product strategies.
