Eventbrite Inc. announced Tuesday that it has agreed to be acquired by Italian tech powerhouse Bending Spoons in a sweeping $500 million all-cash transaction, a deal engineered by three major law firms and set to reshape the future of the live-event ecosystem.
A Premium Buyout That Sends Shares Soaring
The agreement grants Eventbrite shareholders $4.50 per share, an 82% premium over the company’s 60-day volume-weighted average price as of Monday. Markets reacted instantly—Eventbrite’s stock surged more than 78% Tuesday afternoon following the reveal.
The takeover has already earned unanimous approval from Eventbrite’s board and is expected to close in the first half of 2026, pending regulatory and shareholder sign-offs. Once the ink dries, Eventbrite will be taken private, marking a dramatic new phase for the global event-management platform.
Legal Titans Steering the Deal
The transaction is supported by a trio of top-tier law firms:
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Skadden Arps Slate Meagher & Flom LLP is advising Eventbrite.
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Simpson Thacher & Bartlett LLP is guiding Bending Spoons.
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Sullivan & Cromwell LLP represents Eventbrite CEO and co-founder Julia Hartz.
Bending Spoons Eyes Long-Term Expansion
Eventbrite — best known for its marketplace enabling creators to host, promote, and manage live gatherings — is poised for an overhaul under its new owner. Bending Spoons outlined plans to bolster the platform with AI-assisted event creation, enhanced search tools, new messaging capabilities, and even a secondary ticketing marketplace.
“Joining forces with Bending Spoons will accelerate innovation and strengthen Eventbrite’s tools and resources to bring even more people together,” Bending Spoons CEO Luca Ferrari said, emphasizing his vision for scaling shared real-world experiences.
