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Market
Will Squarespace's revenue grow by more than 10% in Q1 2025 compared to Q1 2024?
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Resolution / Starting Odds
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Squarespace's official financial reports or press releases
Story
Permira Completes $7.2B Acquisition of Squarespace, Sells Tock to Amex for $400M
Oct 17, 2024, 12:43 PM
Private equity firm Permira has completed its acquisition of website builder Squarespace after raising its bid to $7.2 billion. As part of the transaction, Squarespace has sold its restaurant reservation service, Tock, to American Express for $400 million. This acquisition means Squarespace is no longer a publicly-traded company, with Permira procuring all remaining common stock in the firm.
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