BSP ▲ +0.2% - Bending Spoons S.p.A.
$BSP signed a definitive agreement to acquire 100% of Miro in an all-cash transaction valued at $1.355 billion enterprise value. The Details: • Equity value: Miro’s net cash brings the transaction’s implied equity value to approximately $1.79 billion. • Shareholder investment: Certain Miro shareholders agreed to reinvest $295 million of their proceeds into newly issued Bending Spoons equity. • Business scale: Miro has about $600 million in annual recurring revenue, nearly 90% generated by business and enterprise customers. • Approval status: Both boards unanimously approved the transaction, which remains subject to regulatory approvals and customary closing conditions.
Bending Spoons agreed to acquire Miro in an all-cash deal valued at $1.355 billion enterprise value, with Miro generating approximately $600 million in annual recurring revenue largely from business and enterprise customers. The transaction, which includes $295 million in reinvestment from certain Miro shareholders into Bending Spoons equity and has received unanimous board approval from both companies, remains subject to regulatory approval and customary closing conditions. BSP rose 0.2% on the announcement.
10-SEP-2026 08:31 AM ET
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