Permira acquires Squarespace in a $6.9 billion deal to accelerate business growth
Acquiring Company
Permira
Acquired Company
Squarespace
London
New YorkOtherFinancial ServicesFinanceVenture CapitalAngel InvestmentLendingInformation TechnologyEnergySoftwareAppsHospitalityRenewable EnergyE CommerceSolarinformation technology & servicesSaaSDescription
U.K.-based private equity firm Permira has successfully taken the USA-based website builder, Squarespace, private in an all-cash deal valued at $6.9 billion. Permira's offer includes keeping Squarespace's CEO, Anthony Casalena, on board to lead the company and maintain a significant ownership stake post-acquisition.
Quick answer
Permira is acquiring Squarespace for $6.9 billion, announced May 21, 2024. Permira is based in London, England, United Kingdom.
- How much did Permira pay for Squarespace?
- The reported deal value is $6.9 billion.
- 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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Who to call at Permira, and when
When Permira changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Permira raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Permira, from your own LinkedIn network
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Frequently asked
Who acquired Squarespace?
Squarespace was acquired by Permira, based in London. The deal was reported on May 21, 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 May 21, 2024. U.K.-based private equity firm Permira has successfully taken the USA-based website builder, Squarespace, private in an all-cash deal valued at $6.9 billion. 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.
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