Airtable spun out Hyperagent before Bending Spoons' $1.285 billion acquisition
The pending sale sends Airtable's core SaaS business to Bending Spoons while Hyperagent moves into a separate Delaware corporation.
By Ryan Merket · Published
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Why it matters
The deal prices Airtable's operating business at roughly 2.7 times company-stated ARR and leaves Hyperagent outside Bending Spoons' acquisition perimeter.
Airtable transferred its Hyperagent business into a separate Delaware corporation before Bending Spoons signed an agreement on August 4th to acquire Airtable's core business for an enterprise value of $1.285 billion, according to a regulatory filing.…
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