Squarespace to Go Private in $6.9 Billion Transaction With Permira
San Francisco – May 13, 2024 – Cooley advised Accel, a long-standing investor of Squarespace, in connection with Squarespace’s definitive agreement to go private by Permira in an approximately $6.9 billion all-cash transaction. Accel is a global venture capital firm that is the first partner to exceptional teams everywhere, from inception through all phases of private company growth. The transaction is expected to close by the fourth quarter of 2024, subject to the receipt of regulatory approvals and satisfaction of other customary closing conditions.
Partners Ben Beerle, Amelia Runyan Davis, Jamie Leigh and Patrick Gibbs led the Cooley team advising Accel.
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