Bending Spoons SpA has agreed to buy Airtable, marking its first deal since going public, according to multiple reports. The companies are set to complete an all-cash transaction that values Airtable at about $1.3 billion on an enterprise-value basis. Bloomberg reports an equity value of $2.25 billion for the acquisition, while Quartz likewise cites an enterprise value of $1.285 billion and an equity value of about $2.25 billion. TechCrunch also reports a lower figure for the deal—stating $1.28 billion—consistent with the enterprise-value framing used by other outlets.
The reported valuation figures come amid a significant decline from Airtable’s market highs. TechCrunch notes that Airtable was valued at more than $11 billion at its peak in 2021 and that its shares were later trading on secondary markets at roughly a $4 billion valuation earlier this year. The agreement to acquire Airtable therefore reflects a substantial repricing since its earlier peak, while the exact reported price varies by whether sources describe equity value or enterprise value.
