CMS Advises Investors on €612 Million Investment Round in Bending Spoons S.p.A.

"CMS advised a group of investors including T. Rowe Price Investment Management, Inc. (lead), Baillie Gifford, Cox Enterprises, Durable Capital Partners, Fidelity Management & Research Company, Foxhaven Asset Management and Radcliff on an approximately €612 million investment in Bending Spoons S.p.A.."

CMS advised the investors in the transaction, representing all funds and other investors including T. Rowe Price Investment Management, Inc. (which led the transaction), Baillie Gifford, Cox Enterprises, Durable Capital Partners, Fidelity Management & Research Company, Foxhaven Asset Management and Radcliff in connection with the new investment round in Bending Spoons S.p.A. The transaction consists of a new investment round of approximately €612 million in Bending Spoons S.p.A., a global leader in the development and commercialization of mobile applications. The transaction follows the €155 million round completed in February 2024, in which CMS had previously advised Baillie Gifford and Durable Capital Partners. CMS represented the investors (T. Rowe Price Investment Management, Inc.; Baillie Gifford; Cox Enterprises; Durable Capital Partners; Fidelity Management & Research Company; Foxhaven Asset Management; Radcliff) with a team composed by: Partner Massimo Trentino; Senior Associate Valerio Giuseppe Daniele; Junior Associate Carlotta Scuccimarra; and Counsel Giulio Poggioli, who advised on regulatory matters.

CMS Advises Investors on €612 Million Investment Round in Bending Spoons S.p.A.

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