Squarespace is becoming a private company, with its new owner offering a more generous deal. The website-building platform had announced plans to merge with private equity firm Permira in a $6.4 million deal. Now, Permira has sweetened the deal in a transaction worth $7.2 billion,...
What do Rite Aid, Disney, and Squarespace all have in common? The fact that, in just the past few days, they each reported cyber breaches resulting in the theft of sensitive information. Rite Aid announced Monday (July 15) that in June, an unknown third party...
Squarespace is going private in a $6.9 billion deal with private equity firm Permira. Subject to regulatory approvals and other customary closing conditions, the transaction is expected to close by the fourth quarter, Squarespace said in a Monday (May 13) press release. Becoming a privately held company will give the...
Squarespace announced its financial results for the fourth quarter of 2023 on Wednesday (Feb. 28), revealing a milestone: The company that helps individuals and businesses to build brands online surpassed $1 billion in revenue for the first time, marking a 17% growth for the year....
October 04, 2023
Dan Chandre, Squarespace vice president, head of Acuity and payments, told Karen Webster that a key to connecting merchants with his firm’s platform lies with payments. And to that end, Squarespace’s taking on the mantle of payments facilitator. “It’s the beginning of an evolution,” he said. The pivot, he said, is one that serves the […]
September 09, 2024
Squarespace is becoming a private company, with its new owner offering a more generous deal. The website-building platform had announced plans to merge with private equity firm Permira in a $6.4 million deal. Now, Permira has sweetened the deal in a transaction worth $7.2 billion, Squarespace announced Monday (Sept. 9), after the amended arrangement got […]
May 13, 2024
Squarespace is going private in a $6.9 billion deal with private equity firm Permira. Subject to regulatory approvals and other customary closing conditions, the transaction is expected to close by the fourth quarter, Squarespace...
November 07, 2023
Squarespace has announced its financial results for the third quarter, showcasing growth in bookings and revenue. The company, known for its design-driven platform that helps entrepreneurs build brands and businesses...
August 04, 2022
Squarespace is adding invoicing tools to the Squarespace Scheduling portal, a move that helps customers manage the invoicing process and get paid for their time, according to a company press...
