BSP signs deal to acquire 100% of Miro for $1.355 billion
BSP signed a definitive agreement to acquire 100% of Miro in an all-cash transaction valued at $1.355 billion enterprise value. The implied equity value is about $1.79 billion, and certain Miro shareholders agreed to reinvest $295 million into newly issued Bending Spoons equity.
355 billion enterprise value. 79 billion. Certain Miro shareholders agreed to reinvest $295 million of their proceeds into newly issued Bending Spoons equity. Miro has about $600 million in annual recurring revenue, with nearly 90% generated by business and enterprise customers.
Both boards unanimously approved the transaction, which still needs regulatory approvals and customary closing conditions.