Bending Spoons completes $1.355bn acquisition of Miro
Bending Spoons, a Milan-based technology holding group, has finalised its acquisition of Miro, the online whiteboard platform, for $1.355 billion in an all-cash deal. Former Miro shareholders reinvested $295 million into the acquirer, while Berkshire Hathaway recently added $330 million to Bending Spoons’ coffers.
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30 SEC SUMMARY
- Bending Spoons, a Milan-based technology group, has acquired Miro, the online whiteboard platform, for $1.355 billion in an all-cash deal.
- Former Miro shareholders reinvested $295 million into Bending Spoons by purchasing 6.2 million new shares.
- Berkshire Hathaway recently invested an additional $330 million into Bending Spoons, bolstering its financial position.
- Miro serves over 100 million users globally and is used by more than 250,000 organisations.
TABLE OF CONTENTS
KEY HIGHLIGHTS
- Bending Spoons has acquired Miro, the online whiteboard platform, for $1.355 billion in an all-cash deal.
- Former Miro shareholders reinvested $295 million into Bending Spoons by purchasing 6.2 million new shares.
- Berkshire Hathaway invested an additional $330 million into Bending Spoons earlier this month.
- Miro serves over 100 million users and is used by more than 250,000 organisations globally.
Deal structure and financial details
Bending Spoons, a Milan-based technology group, has completed its acquisition of Miro, the online whiteboard platform, for an enterprise value of $1.355 billion in an all-cash transaction. The deal closed on Monday, according to a statement cited by The Next Web.
As part of the agreement, former Miro shareholders reinvested approximately $295 million into Bending Spoons by purchasing 6.2 million newly issued shares in a private placement. The reinvestment reflects confidence in Bending Spoons’ ability to scale Miro alongside its existing portfolio of SaaS businesses.
The acquisition follows Berkshire Hathaway’s recent $330 million investment into Bending Spoons, further strengthening the group’s financial position.
Advisers and legal support
Morgan Stanley served as the exclusive financial adviser to Miro for the transaction. Bending Spoons was advised by BNP Paribas and J.P. Morgan as co-financial advisers.
Legal counsel for Bending Spoons was provided by Latham & Watkins, while Goodwin Procter represented Miro.
Bending Spoons’ portfolio expansion
Miro joins a growing list of well-known software brands under Bending Spoons’ ownership, including Airtable, AOL, Brightcove, Eventbrite, Evernote, Tractive, Vimeo, and WeTransfer. The group’s strategy appears to focus on acquiring established SaaS businesses with large user bases and integrating them into a broader ecosystem.
Bending Spoons stated that Miro’s financial performance will be included in its next results report, suggesting plans for closer operational alignment.
Miro’s market position
Miro is used by over 100 million users worldwide and serves more than 250,000 organisations. The platform remains a leader in the online collaboration and whiteboard space, competing with products like Figma, Notion, and Microsoft Whiteboard.
In a recent statement, Andrey Khusid, Miro’s co-founder and CEO, emphasised the need for companies to redesign work processes around AI, hinting at potential future developments for the platform.
What this means
Lazyfounder analysis — our interpretation, not reported fact.
This acquisition signals Bending Spoons’ ambitious strategy to consolidate a portfolio of well-known SaaS brands under one umbrella. For founders and operators, the deal is a reminder of how scaled-up holding groups are reshaping the competitive landscape. Miro remains a standalone product, but its integration into Bending Spoons’ broader ecosystem—alongside companies like Airtable, Evernote, and WeTransfer—could accelerate cross-product synergies, pricing adjustments, or shared infrastructure. The reinvestment by former Miro shareholders also suggests confidence in Bending Spoons’ ability to scale these assets further.
Key takeaways
- The $1.355 billion all-cash deal positions Bending Spoons as a major consolidator in the SaaS space, with implications for competitors like Figma or Notion.
- Miro’s user base of over 100 million and 250,000 organisations could see changes in pricing, feature integration, or cross-selling with Bending Spoons’ other properties.
- The $295 million reinvestment by former Miro shareholders and Berkshire Hathaway’s $330 million infusion indicate strong backing for Bending Spoons’ growth strategy.
- Founders operating in the collaboration tools market may face a shift in competitive dynamics as Bending Spoons consolidates multiple SaaS brands under one roof.
Related on Lazyfounder
Sources
- The Next Web · 2026-10-26
Bending Spoons completes its $1.355bn Miro acquisition
This story is an original summary drafted with AI by Lazyfounder from the reporting listed above and checked by automated validation. Facts are attributed to their original publishers; sections marked as analysis are Lazyfounder's. Where a source is in another language, facts were machine-translated and quotations are reported, not reproduced. Read the original coverage via the links, and see our AI policy and corrections policy.
About the author
Editor, Lazyfounder
Tarun Mottlia edits LazyFounders, covering Indian startups, funding rounds, AI and product launches. Every story on the site is AI-assisted and checked against its cited sources before publication.
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