Latham & Watkins Advises Airtable in US$2.25 Billion Acquisition by Bending Spoons

Bending Spoons S.p.A. (NASDAQ: BSP) has announced that it has entered into a definitive agreement to acquire Airtable, in an all-cash transaction that values Airtable at an enterprise value of US$1.285 billion, which, together with Airtable’s current net cash-and-cash-equivalents balance, implies an equity value of approximately US$2.25 billion. The acquisition is subject to customary closing conditions and approvals, including regulatory approvals.

Latham & Watkins LLP represents Airtable in the transaction with a team led by corporate partners Rick Kline, Ian Nussbaum, Sean Parish, and Sarah Axtell, with associates Maya Rahwanji, Jordan Freisleben, Blake Clevenger, and Stephanie Lim. Advice was also provided on tax matters by partner Katharine Moir, with associate Dennis Poehland; on intellectual property matters by partner John McGaraghan, with associates Fiona Gillan and Sarah Zweig; on data privacy matters by counsel Jennifer Howes, with associates Diya Jajal and Jack Bergantino; on executive compensation and employee benefits matters by partner James Metz, with associates Gabriela Alvarez and Heather Jäger; on finance matters by partner Emily Johnson; on antitrust matters by partner Katherine Rocco, with associates Carla Palma and Karen Kim; on regulatory matters by partner Paul Rosen and counsel Ruchi Gill, with associate Fiza Khan; on labor and employment matters by partner Nineveh Alkhas, with associate E. Alexis Grinstead; on emerging company matters by associates Martha Anderson and Mazen Osman; on ex-US matters by partners Philipp Studt and Anthemis Economou, with associates Jean-Baptiste Douchy and Juan Pablo Donado Díez; and on anti-bribery and anti-corruption matters by partner Kevin Chambers.