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Wall St Engine
@wallstengine
Fast, accurate, consistent stock market news, earnings highlights & more. By Brillinsight. Not financial advice.
Joined March 2022
971 Following    195.9K Followers
BENDING SPOONS TO BUY MIRO FOR $1.36B ENTERPRISE VALUE Bending Spoons has agreed to acquire digital whiteboard platform Miro in an all-cash deal valuing the company at $1.355B enterprise value and roughly $1.79B in equity value including net cash. Miro is generating about $600M in ARR, with nearly 90% coming from business and enterprise customers. The platform has almost 4M paying users, 250,000+ organizations, and more than 750 customers spending over $100K annually. Certain Miro shareholders will reinvest $295M of their proceeds into newly issued Bending Spoons equity. The deal is expected to close in Q4 2026, pending regulatory approval. Bending Spoons also completed its $1.285B acquisition of Airtable last week, continuing an aggressive expansion of its software portfolio following its July Nasdaq IPO.
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