Bending Spoons, a Milan-based technology company known for acquiring and operating a suite of globally recognised digital products, has raised over €500 million in debt financing to bolster its expansion through acquisitions.
The financing round was led by J.P. Morgan, with BNP Paribas and Crédit Agricole CIB acting as mandated lead arrangers and active bookrunners. They were joined by a syndicate featuring BancoBPM, Bank of America, Barclays, Goldman Sachs, HSBC, Intesa Sanpaolo, Mizuho, Société Générale, and Wells Fargo.
The deal forms part of a broader €514 million package orchestrated by Silver Point Capital. Other notable backers include Durable Capital Partners, NB Renaissance, and Cox Enterprises.
Founded in 2013, Co-founder and CEO Luca Ferrari has positioned the company as a long-term operator of the products it acquires, favouring those with strong product–market fit and focusing on sustainable growth through strategic integration.
This operational strategy is reflected in a string of significant acquisitions over the past year, including San Francisco-based mileage tracking app MileIQ and the all-cash €199 million purchase of U.S. video streaming technology company Brightcove.
These latest additions expand a portfolio that already includes brands like Evernote, WeTransfer, Remini, Meetup, komoot, Issuu, StreamYard, and Splice – products with wide user adoption across productivity, content creation, and digital communication sectors.
So far, Bending Spoons has raised a total of €1 billion, and this latest €500 million is complemented by an additional €100 million facility aimed at further investments and operational scaling.
In July, the company secured a €350 million leveraged loan with J.P. Morgan, BNP Paribas, and Crédit Agricole among the key arrangers.
With increasing momentum behind the company’s expansion in both Europe and the United States, the possibility of a public listing is reportedly under consideration. While no timeline has been confirmed, Bending Spoons is said to be weighing its IPO options as part of its broader growth strategy.
Valued at approximately €2.2 billion as of 2024, Bending Spoons operates at a time when acquisition activity in the tech industry has surged by over 74% year-on-year, reaching €325 billion, according to Bloomberg data.
This sizeable funding and consistent financial backing position Bending Spoons to continue scooping up digital businesses that complement its strategic vision.
