Italy’s Bending Spoons adds Eventbrite to portfolio in €430 million all-cash acquisition

Milan-based Bending Spoons is set to acquire the global event platform Eventbrite for €430 million in an all-cash deal. The acquisition, expected to close in the first half of 2026, marks another significant step in Bending Spoons' strategy of consolidating digital products. This move highlights a growing trend of European companies acquiring and integrating established digital platforms. The agreement will see Eventbrite, a US-listed company, become privately held, with shareholders receiving €3.87 per share. Eventbrite, founded in 2006, facilitated over 4.7 million events and issued 83 million tickets in 2024. Bending Spoons' portfolio already includes major platforms like Evernote, WeTransfer, Vimeo, and Meetup, demonstrating its acquisition ambitions. The acquisition will allow Bending Spoons to further expand its reach, impacting both event organizers and attendees globally. With the Italian tech company's focus on long-term ownership and investment, Eventbrite will likely see developments, like AI-powered event creation and enhanced search features. This investment strategy could strengthen European digital presence.