Berkshire Adds $330M to Bending Spoons, Lifting Stake to 4%
TL;DR
- Berkshire Hathaway agreed to buy 10 million Bending Spoons ordinary shares at $33.00 each, a $330 million follow-on that lifts its stake to 4%.
- The check arrives three months after Berkshire's $600 million investment at Bending Spoons' July 2026 IPO; shares jumped about 35% on the news.
- CEO Luca Ferrari and acquisitions chief Francesco Patarnello said the capital will support further M&A, days after BSP agreed to buy Miro for $1.355 billion.
Berkshire Hathaway agreed to buy 10 million ordinary shares of Bending Spoons at $33.00 each, a $330 million follow-on that lifts its stake in the Italian software holding company to about 4%, CNBC reported. The deal lands roughly three months after Berkshire took a $600 million position at the company's July 2026 IPO.
Shares jumped. CNBC pegged the pop at about 35%; other outlets had it running as high as 55% intraday.
"We were delighted to welcome Berkshire Hathaway as shareholders at our public listing, and we're equally delighted to reinforce the partnership through this fresh investment, which underscores our mutual respect and excitement for what lies ahead," CEO and co-founder Luca Ferrari said in the company's SEC filing. Head of Business Acquisitions Francesco Patarnello said the capital would enhance Bending Spoons' "financial flexibility and ability to pursue attractive acquisitions."
Bending Spoons has been buying at pace. It closed Airtable on September 4, and on September 10 agreed to acquire Miro at a $1.355 billion enterprise value. The portfolio already includes AOL, Brightcove, Eventbrite, Evernote, Tractive, Vimeo and WeTransfer.
The transaction is subject to customary closing conditions and detailed in a Form 6-K filing with the SEC. It arrives amid a crowded recent stretch of software funding news on our tracker.
Originally reported by cnbc.com
Read the original article →Original headline: Berkshire Hathaway Buys Another $330M of Bending Spoons, Lifting Stake to 4%