The Italian app developer previously purchased Brightcove, WeTransfer, Issuu, Hopin/StreamYard Top Corp, Meetup, and Mosaic Group.
Italian tech company and app developer Bending Spoons (BeS) retained JP Morgan and Willkie Farr & Gallagher for acquiring California’s MileIQ Inc. (press release) after having purchased Germany’s komoot, a platform for outdoor planning with 45 million users (see here a previous post by BeBeez).
MileIQ provides self-employed and large companies with automatic mileage tracking services for deductions and expenses.
Sources said to BeBeez that Silver Point (lead investor), Blackstone and other lenders supported BeS with 600 million worth secured facilities (see here a previous post by BeBeez)
In 2024, BeS invested 233 million US Dollars (see here a previous post by BeBeez) for acquiring Nasdaq-listed Brightcove, a streaming technology company, and also purchased WeTransfer, Issuu, Hopin/StreamYard Top Corp, Meetup, and the digital activities of Mosaic Group.
Francesco Patarnello, Luca Ferrari, Matteo Danieli, and Luca Querella are the founders of BeS, the first European mobile apps developer with one billion users of which they have 48%, and 66% voting rights.
NB Renaissance, StarTip (part of Milan-listed Tamburi Investment Partners), Nuo Capital (a company of even owners Exor and Hong Kong’s Wwicl), Cox Enterprises, Durable Capital Partners, Baillie Gifford, and Highland Europe are further shareholders of BeS(see here a previous post by BeBeez)vre
