M&A · Tech · Services-Computer Programming, Data Processing, Etc.
Bending Spoons US Inc. to acquire Eventbrite, Inc.
Announced Dec 2, 2025 · Closed Mar 10, 2026
Deal value$500MEV $500M
Premium81.0%To unaffected price
EV / Adj. EBITDA—1.7x EV / Revenue
ConsiderationAll cash$4.50 per share
Transaction
- Acquirer
- Bending Spoons US Inc.
- Target
- Eventbrite, Inc. (EB)
- Buyer type
- Strategic
- Offer price per share
- $4.50
- Enterprise value
- $500M
- Status
- Closed Mar 10, 2026
Deal protections
- Break fee (target pays)
- $14.4M · 2.9%
- Reverse fee (buyer pays)
- —
- Go-shop
- No-shop
- Financing
- No financing condition
Advisors
- To the acquirer
- JPMorgan
- To the target
- Allen & Company
- Allen & Company fee
- $20.0M
Sector context · Tech
- Comparable deals
- 66 in the prior 24 months
- Premium
- 81.0% vs. 37.0% sector median
- EV / Adj. EBITDA
- Sector median 16.7x
- Break fee
- 2.9% vs. 3.0% sector median
Timeline
- AnnouncedDec 2, 2025
- Proxy filedJan 2, 2026
- Definitive proxyJan 28, 2026
- Shareholder voteFeb 27, 2026
- ClosedMar 10, 2026
Valuation · fairness opinions
Trading comparables$2.91$3.75
Trading comparables$3.47$4.40
Trading comparables$3.64$4.64
Trading comparables$3.49$4.75
Offer $4.50
Implied value per Eventbrite, Inc. share by analysis, from Allen & Company.