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Permira successfully completes acquisition of Squarespace, Inc.

PRIVATEOct 14, 2024

Acquiring Company

Permira

Acquired Company

Squarespace

LondonNew YorkOtherFinancial ServicesFinanceVenture CapitalAngel InvestmentLendingInformation TechnologyEnergySoftwareAppsHospitalityRenewable EnergyE CommerceSolarinformation technology & servicesSaaS

Description

Permira, the global investment firm, has successfully completed the acquisition of Squarespace, Inc. Through the tender offer and subsequent second-step merger, Permira now owns approximately 97.5 percent of the aggregate voting power of Squarespace’s total outstanding shares, making Squarespace a privately held company.

Quick answer

Permira is acquiring Squarespace, announced October 14, 2024. Permira is based in London, England, United Kingdom.

How much did Permira pay for Squarespace?
The deal value was not disclosed.
What does Permira do?
Permira is a global investment firm that backs successful businesses with growth ambitions.
Where are Permira and Squarespace based?
Permira is based in London, England, United Kingdom. Squarespace is based in New York, New York, United States.
Who are the decision-makers at Permira?
Fundz holds 3 contacts at Permira. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Permira

Location

London, England, United Kingdom

About

Permira is a global investment firm that backs successful businesses with growth ambitions. Founded in 1985, the firm advises funds with assets under management of approximately US$65bn (€58bn) and makes long-term majority and minority investments. The Permira funds have made approximately 300 private equity investments in four key sectors: Technology, Consumer, Services and Healthcare. The Permira funds have an extensive track record in tech investing, having invested US$17.1bn in 60 companies across enterprise cloud adoption, SaaS, fintech and online marketplaces. Permira employs over 360 people in 16 offices across Europe, North America, and Asia.

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Frequently asked

Who acquired Squarespace?

Squarespace was acquired by Permira, based in London. The deal was reported on October 14, 2024. Permira is a global investment firm that backs successful businesses with growth ambitions. Permira is privately held and operates in Other.

When did Permira acquire Squarespace?

Permira's acquisition of Squarespace was reported on October 14, 2024. Permira, the global investment firm, has successfully completed the acquisition of Squarespace, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Squarespace do?

Squarespace (NYSE: SQSP) is a design-driven platform helping entrepreneurs build brands and businesses online. It is privately held, operating in Information Technology, and is based in New York.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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