Bending Spoons acquired Brightcove 2025

178.0 EUR m of annual revenue, bought in 2025. What was paid, per unit of that revenue — and where the figure comes from.

In 2025, Bending Spoons S.p.A. acquired Brightcove — a company with 178.0 EUR m of annual revenue — and paid 1.08x that revenue. The basis is measured. The revenue was reported in USD and is converted to euro at the ECB annual reference rate; the multiple itself is not converted. Guess first if you like; the answer and its source follow.

Guess firstSame rules as the game on the front page: log scale, 100 points for the exact figure.

Annual revenue: 178.0 EUR m
Acquired: 2025
Buyer’s deals that year: 6
Sector: not disclosed

What was paid, per unit of annual revenue?

3.00x

0.50x15x

Buyer	Acquired company	Revenue, EUR m	Year	Price paid	Basis
Bending Spoons S.p.A.	Brightcove US	178.0	2025	1.08x	measured

Basis — measured: consideration and revenue both stated in the acquisition note — nothing computed but the division. Revenue converted from USD to euro at the ECB annual reference rate; the multiple is a ratio within one currency and is not converted.

Where this price sits

Among the 28 single-company prices in the register, 1.08x sits at the 7th percentile — below the register median of 3.14x. Bending Spoons’s own 5 disclosed prices run from 1.08x–3.26x with a median of 2.10x; this one is its cheapest. The buyer made 6 acquisitions that year, of which this is one of the 2 with a usable price.

What this does not support

One observation is not a policy. Bending Spoons has 5 disclosed prices on file; a single figure says what was paid once, not what the buyer pays.
This is a revenue multiple, not an earnings multiple. The acquisition note gives no usable profit figure for the company bought.

Source

Read from the buyer’s filed account: https://www.sec.gov/Archives/edgar/data/2004711/000110465926079884/tm2613674-14_424b4.htm. Nothing is modelled or estimated — method and limits.

All of Bending Spoons’s acquisitions on file · Vimeo (2025, 3.26x) · Eventbrite (2026, 1.73x) · Everfield · Inforum SARL + Codngo SARL (1.33x) · every deal on file

The rest of the register

Guess what serial acquirers paid →What European software serial acquirers actually pay, from filed accounts. Guess the price, then see the source.

What was paid, per unit of revenue →Every disclosed acquisition price in the register, one row per observation, coloured by how well it is evidenced.

The acquirers, one by one →Every tracked buyer with its prices, capital deployed, debt and what its capital costs.

Every deal on file →One page per disclosed acquisition, with the filed source and where its price sits in the register.

How much they deploy →How much capital each European software serial acquirer actually puts to work, and across how many acquisitions.

What they owe, and what it costs →Net debt against revenue, the interest each buyer actually pays, and every credit facility on file with its terms.

What their own capital costs →An estimate of what each buyer pays for capital, set against the 20-30% return they demand of the companies they buy.

Method, limits and imprint →How every figure in this register is sourced, what the sample does not support, and the legal notices.

Figures as at 2026-09-08. Every number on this page comes from a filed account or a company’s own published report — how, and what it does not support.

Where this price sits

What this does not support

Source

Related

The rest of the register

Get the next set of figures