Deal Flow
Letter · prints on one page
Transaction tear sheetData as of Nov 7, 2026
M&A · Tech · Services-Computer Programming, Data Processing, Etc.

Bending Spoons US Inc. to acquire Vimeo, Inc.

Announced Sep 10, 2025 · Closed Nov 24, 2025

Deal value$1.38BEV $1.38B
Premium68.0%To unaffected price
EV / Adj. EBITDA—3.3x EV / Revenue
ConsiderationAll cash$7.85 per share

Transaction

Acquirer
Bending Spoons US Inc.
Target
Vimeo, Inc. (VMEO)
Buyer type
Strategic
Offer price per share
$7.85
Enterprise value
$1.38B
Status
Closed Nov 24, 2025

Deal protections

Break fee (target pays)
$40.1M · 2.9%
Reverse fee (buyer pays)
—
Go-shop
No-shop
Financing
No financing condition

Advisors

To the acquirer
Not disclosed
To the target
Allen & Company
Allen & Company fee
$25.0M

Sector context · Tech

Comparable deals
63 in the prior 24 months
Premium
68.0% vs. 37.0% sector median
EV / Adj. EBITDA
Sector median 16.5x
Break fee
2.9% vs. 3.0% sector median

Timeline

  1. AnnouncedSep 10, 2025
  2. Proxy filedOct 6, 2025
  3. Definitive proxyOct 22, 2025
  4. Shareholder voteNov 19, 2025
  5. ClosedNov 24, 2025

Valuation · fairness opinions

Trading comparables$5.42$6.61
Trading comparables$5.76$7.06
Trading comparables$4.12$5.65
Trading comparables$5.17$6.64
Trading comparables$5.59$7.45
Offer $7.85

Implied value per Vimeo, Inc. share by analysis, from Allen & Company.

Sources
  • DEFA14A (EX-99.1) · Sep 10, 2025
  • 8-K · Sep 10, 2025
  • 8-K (EX-99.1) · Sep 11, 2025
  • DEFA14A (EX-99.1) · Sep 11, 2025

Adj. EBITDA is operating income + D&A + impairment, restructuring, deal costs and stock compensation, less any large gain on a sale, last twelve months, from the target's filings. Calculated by Castle, so it can differ from a bank's adjusted figure.

Prepared with Castle from public SEC EDGAR filings. Figures are extracted automatically; verify against the source documents. Not investment advice.