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Bending Spoons to Buy Eventbrite in $500 Million All-Cash Deal

The cut-price purchase reflects the Milan firm’s buy-to-revive strategy centered on long-term ownership.

Overview

  • Eventbrite shareholders will receive $4.50 per share in cash, an approximately 81–82% premium to recent trading levels.
  • The companies expect the transaction to close in the first half of 2026 subject to regulatory and shareholder approvals, after which Eventbrite will delist.
  • Eventbrite shares jumped roughly 79% on the announcement, reaching about $4.43 intraday.
  • The price equates to about 1.7 times trailing twelve-month revenue of $295 million after essentially flat annual sales of around $325 million in 2023 and 2024.
  • Executives signaled plans to invest in product features such as dedicated messaging, improved discovery, secondary ticketing, and streamlined event creation under private ownership.