Permira completes acquisition of Squarespace after raising bid to $7.2 billion

Permira completes acquisition of Squarespace after raising bid to .2 billion

Website builder Square Space is no longer a publicly traded company, after private equity firm Permira acquired all of the company's remaining common stock. Permira first revealed its plans to acquire Squarespace in May, offering shareholders of the NYSE-listed company $44 per share, which equated to a $6.6 billion equity valuation and enterprise valuation. of … Read more