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New Deal


Announced

Completed

Durable Capital led a $155m funding round in Bending Spoons.

Financials

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Transaction Value£123m
Consideration TypeCash
Capital Owned-
Capital Bid For6%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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mobile apps

Software

Italy

Acquisition

Cross Border

Minority

Private Equity

Venture Capital

Completed

Private

Friendly

Synopsis

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Durable Capital, an investment adviser, led a $155m funding round in Bending Spoons, an app developer, with participation from Baillie Gifford, Cox Enterprises, NB Renaissance, NUO Capital, and Tamburi Investment Partners. "It will use the new cash infusion to acquire more brands.," Bending Spoons.

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