HomeItalyBending Spoons Closes Acquisition of WeTransfer

Bending Spoons Closes Acquisition of WeTransfer

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Bending Spoons

Bending Spoons, a Milan, Italy-based app provider, closed the acquisition of WeTransfer, the Netherlands-based digital file-sharing and collaboration platform.

The amount of the deal was not disclosed.

With the acquisition, Bending Spoons will expand its offerings.

Founded by Bas Beerens, Nalden and Damian Bradfield, WeTransfer offers a way to share ideas, collaborate with teams, and earn money, all in one platform. By offering easy to use, and sustainable tools, it helps tens of millions of creators, entrepreneurs and businesses globally to make an economic impact through creativity. WeTransfer ia also a certified B Corporation. It’s funded by Highland Capital Partners and HPE Growth.

Led by CEO Luca Ferrari, Bending Spoons is an app provider that has served a billion people across the globe through its suite of digital technology products, including Evernote, Meetup, Remini, StreamYard, and Splice. Its products are currently used by more than 200 million people each month.

In the transaction, Banco BPM, BNP Paribas/BNL, and Intesa Sanpaolo acted with the role of Global Coordinator, Mandated Lead Arranger, Bookrunner, Underwriter, and Lender. Banco BPM, BNP Paribas, and Intesa Sanpaolo acted also as Financial Advisors. Intesa Sanpaolo acted as Facility Agent and Security Agent. Milbank and Legance assisted the pool of banks involved in the financing of the transaction.

FinSMEs

12/08/2024

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