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

The Milan-based buyer pursues long-term turnarounds of mature tech brands through product investment.

Overview

  • Eventbrite entered a definitive agreement to be acquired for $4.50 per share in cash, valuing the company at roughly $500 million.
  • The purchase price reflects an estimated 81–82% premium to recent trading levels reported by market data and company disclosures.
  • The companies expect closing in the first half of 2026 subject to regulatory and shareholder approvals, after which Eventbrite will be delisted and privately held.
  • Shares of Eventbrite jumped about 79% to around $4.43 on the announcement, reaching a new 52-week high.
  • Recent audited revenue was roughly flat at about $325 million in 2023 and 2024, putting the deal at about 1.7 times trailing twelve-month revenue, as Bending Spoons signals plans to prioritize messaging, discovery, secondary ticketing, and streamlined event creation.