Bending Spoons acquires Eventbrite for $500 million in all-cash deal
- Eventbrite has been acquired by Bending Spoons for $500 million.
- Shareholders will receive $4.50 per share, an 82% premium over recent trading levels.
- The acquisition is expected to close in the first half of 2026, pending approvals.
The acquisition of Eventbrite by Bending Spoons presents a promising opportunity for innovation in the live events space, particularly in Africa. However, the success of this venture will depend on how well Bending Spoons can localize its offerings to meet the unique needs of African event organizers, especially in terms of payment systems and cultural relevance.
