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Tech Giant Eyeing $20B US IPO This Year
23 Apr
Summary
- Bending Spoons is preparing for a potential $20 billion US IPO.
- The company has acquired Vimeo, WeTransfer, and Evernote.
- A listing could occur before the Northern Hemisphere summer.
Bending Spoons, a prominent European technology company, is reportedly making preparations for a substantial initial public offering (IPO) in the United States, potentially valuing the firm at $20 billion. The Milan-based company, which focuses on acquiring and revitalizing technology businesses, has appointed several leading financial institutions, including Goldman Sachs and JPMorgan, to help organize the potential listing.
The company's growth strategy has largely centered on strategic acquisitions, with past purchases including well-known platforms like Vimeo, WeTransfer, and Evernote. These acquisitions contributed to a valuation of approximately $11 billion during a funding round last year. While the exact timing remains subject to market conditions, sources suggest the IPO could take place in the coming months, possibly before the summer season.
This potential U.S. listing was previously indicated by Chief Executive Luca Ferrari, who in November 2025 expressed the company's readiness for a public debut, citing the advantage of higher valuations for tech companies in U.S. markets. The firm anticipates significant financial growth, projecting its adjusted earnings before interest, taxes, depreciation, and amortization to reach $1.4 billion in 2026, doubling from $700 million in 2025.
